M&A Deal Summary

Spectrum Vascular Acquires AngioDynamics - PICC & Midline Product Portfolios

On February 15, 2024, Spectrum Vascular acquired medical products company AngioDynamics - PICC & Midline Product Portfolios from AngioDynamics for 45M USD

Acquisition Highlights
  • This is Spectrum Vascular’s 1st transaction in the Medical Products sector.
  • This is Spectrum Vascular’s largest (disclosed) transaction.
  • This is Spectrum Vascular’s 1st transaction in the United States.
  • This is Spectrum Vascular’s 1st transaction in New York.

M&A Deal Summary

Date 2024-02-15
Target AngioDynamics - PICC & Midline Product Portfolios
Sector Medical Products
Buyer(s) Spectrum Vascular
Sellers(s) AngioDynamics
Deal Type Divestiture
Deal Value 45M USD

Target

AngioDynamics - PICC & Midline Product Portfolios

Latham, New York, United States
AngioDynamics' PICC & Midline Product Portfolios provides vascular access and medication management.

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Buyer(S) 1

Buyer

Spectrum Vascular

White Plains, New York, United States

Category Company
Sector Medical Products
DESCRIPTION

Spectrum Vascular is a medical device company focused on vascular access and medication management. The company improves patients' lives worldwide by providing caregivers with high-quality, innovative products with exceptional customer service. Spectrum Vascular is based in White Plains, New York.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

AngioDynamics

Latham, New York, United States

Category Company
Founded 1988
Sector Medical Products
Employees760
Revenue 339M USD (2023)
DESCRIPTION

AngioDynamics is a provider of innovative, minimally invasive medical devices for vascular access, surgery, peripheral vascular disease and oncology. AngioDynamics was incorporated in 1988 and is based in Latham, New York.


DEAL STATS #
Overall 3 of 3
Sector (Medical Products) 3 of 3
Type (Divestiture) 3 of 3
State (New York) 3 of 3
Country (United States) 3 of 3
Year (2024) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-08 AngioDynamics Dialysis Catheter Portfolio & BioSentry Biopsy Tract Sealant System

Latham, New York, United States

AngioDynamics' Dialysis Catheter Portfolio & BioSentry Biopsy Tract Sealant System provides dialysis catheter products.

Sell $100M