M&A Deal Summary

Tecomet Acquires Pyng Medical

On April 3, 2017, Tecomet acquired medical products company Pyng Medical

Acquisition Highlights
  • This is Tecomet’s 5th transaction in the Medical Products sector.
  • This is Tecomet’s 1st transaction in Canada.
  • This is Tecomet’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2017-04-03
Target Pyng Medical
Sector Medical Products
Buyer(s) Tecomet
Deal Type Add-on Acquisition

Target

Pyng Medical

Richmond, British Columbia, Canada
Pyng Medical Corp. is a manufacturer and distributor of trauma and resuscitation products for front-line critical care personnel world-wide. Pyng Medical is based in Richmond, British Columbia.

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Buyer(S) 1

Buyer

Tecomet

Wilmington, Massachusetts, United States
Category Company
Founded 1964
Sector Medical Products
DESCRIPTION

Tecomet is a contract manufacturer of precision-engineered medical devices and components for the orthopedic, cardiovascular, medical imaging and aerospace markets. The company manufactures orthopedic implants as well as trauma and cranio-maxillofacial products for medical device customers (accounting for 70% of revenue). Tecomet also makes aerospace and industrial products, including components for satellites and infrared applications. Tecomet was founded in 1964 and is based in Wilmington, Massachusetts.

DEAL STATS #
Overall 6 of 6
Sector (Medical Products) 5 of 5
Type (Add-on Acquisition) 5 of 5
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 Mountainside Medical

Boulder, Colorado, United States

Mountainside Medical is a provider of complex, high precision medical device components and instruments used in minimally invasive surgical devices.

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Mergr

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