M&A Deal Summary

Tactile Medical Acquires AffloVest

On September 8, 2021, Tactile Medical acquired medical products company AffloVest from International Biophysics

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

M&A Deal Summary

Date 2021-09-08
Target AffloVest
Sector Medical Products
Buyer(s) Tactile Medical
Sellers(s) International Biophysics
Deal Type Divestiture

Target

AffloVest

Austin, Texas, United States
AffloVest is a manufacturer of respiratory therapy products. AffloVest's high-frequency chest wall oscillation therapy is designed to provide patients the freedom and mobility to customize and enhance airway clearance therapy, help mobilize lung secretions, and promote treatment adherence for patients with Bronchiectasis, Cystic Fibrosis, COPD, MS, MD (muscular dystrophy), ALS, and other neuromuscular and respiratory diseases. AffloVest is based in Austin, Texas.

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Buyer(S) 1

Buyer

Tactile Medical

Minneapolis, Minnesota, United States

Category Company
Founded 1995
Sector Medical Products
Employees992
Revenue 274M USD (2023)
DESCRIPTION

Tactile Medical manufactures and markets the Flexitouch system, an innovative medical device developed for at-home treatment of lymphedema and chronic wounds. Tactile Medical's offering includes advanced, clinically proven pneumatic compression devices, as well as continuity of care services provided by a national network of product specialists and trainers, reimbursement experts, patient advocates, and clinicians. Tactile Medical was founded in 1995 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

International Biophysics

Austin, Texas, United States

Category Company
Sector Medical Products
DESCRIPTION

International Biophysics is a certified medical device manufacturer that manufactures and markets medical devices across the globe. International Biophysics brings to market innovative, disruptive medical devices and technologies that improve treatment therapies and patient outcomes. International Biophysics is based in Austin, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1