M&A Deal Summary

Smiths Medical Acquires Access Scientific

On May 13, 2020, Smiths Medical acquired medical products company Access Scientific from Endeavour Capital

Acquisition Highlights
  • This is Smiths Medical’s 1st transaction in the Medical Products sector.
  • This is Smiths Medical’s 1st transaction in the United States.
  • This is Smiths Medical’s 1st transaction in California.

M&A Deal Summary

Date 2020-05-13
Target Access Scientific
Sector Medical Products
Buyer(s) Smiths Medical
Sellers(s) Endeavour Capital
Deal Type Add-on Acquisition

Target

Access Scientific

San Diego, California, United States
Access Scientific LLC is a broad-spectrum vascular access and infection prevention company that manufactures the POWERWAND™ midline and extended dwell catheters. The POWERWAND, POWERWAND EDC and CVC WAND™ enable clinicians to perform the fastest, safest, and simplest insertion methods in order to deliver the undisputed, best in class products. Access Scientific is based in San Diego, California.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Smiths Medical

London, Minnesota, United States

Category Company
Sector Medical Products
Revenue 1.2B USD (2020)
DESCRIPTION

Smiths Medical is a supplier of specialized medical devices and equipment for global markets, focusing on the medication delivery, vital care, and safety devices market segments. Smiths Medical is based in London.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Endeavour Capital

Portland, Oregon, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 925M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Endeavour Capital LLC is a private equity firm that targets service and manufacturing companies headquartered in the Western United States. Endeavour looks to invest with and an enterprise value of $25 -$250 million with an EBITDA of $5-$50 million. Prospective companies are generally profitable with at least $5 million of EBITDA. Supported investment situations include growth capital financings, industry consolidations, management acquisitions, recapitalizations, and ownership transfers. The firm invests in the range of $25-$150 million per transaction. Areas Endeavour will not invest include real estate and emerging technology. Endeavour Capital was formed in 1991 and is based in Portland, Oregon with additional offices in Seattle, Washington, and Los Angeles, California.


DEAL STATS #
Overall 21 of 35
Sector: Medical Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 9 of 15
State: California M&A 4 of 9
Country: United States M&A 21 of 34
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Andavi Solutions

Phoenix, Arizona, United States

Andavi Solutions is a provider of software and data analytics solutions to the food and beverage (“F&B”) industry. Andavi Solutions is building an integrated technology solution suite to provide advanced data insights and analytics to the beverage alcohol industry. Andavi Solutions was founded in 2020 and is based in Phoenix, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-24 Pacific Star Communications

Portland, Oregon, United States

Pacific Star Communications, Inc. (PacStar) is a manufacturer of advanced communications equipment based on industry major commercial off the shelf (COTS) technology. PacStar is also the creator of its patented IQ-Core Software which makes complex communications systems management, including cyber-security software and hardware, intuitive and easy-to-use. Pacific Star Communications was founded in 2000 and is based in Portland, Oregon.

Sell $400M