M&A Deal Summary

Teleflex Acquires Standard Bariatrics

On August 22, 2022, Teleflex acquired medical products company Standard Bariatrics from River Cities Capital Funds for 170M USD

Acquisition Highlights
  • This is Teleflex’s 21st transaction in the Medical Products sector.
  • This is Teleflex’s 9th largest (disclosed) transaction.
  • This is Teleflex’s 19th transaction in the United States.
  • This is Teleflex’s 1st transaction in Ohio.

M&A Deal Summary

Date 2022-08-22
Target Standard Bariatrics
Sector Medical Products
Buyer(s) Teleflex
Sellers(s) River Cities Capital Funds
Deal Type Add-on Acquisition
Deal Value 170M USD

Target

Standard Bariatrics

Cincinnati, Ohio, United States
Standard Bariatrics is a surgical procedure company focused on the innovative development and commercialization of medical devices. Driven by a passionate group of surgical innovators, the company continues to release surgical solutions designed to address significant market opportunities. Standard Bariatrics was founded in 2014 and is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Teleflex

Wayne, Pennsylvania, United States

Category Company
Founded 1943
Sector Medical Products
Employees14,100
Revenue 3.0B USD (2024)
DESCRIPTION

Teleflex is a provider of medical technology products that enhance clinical benefits, improve patient and provider safety and reduce total procedural costs. The Company primarily designs, develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for common diagnostic and therapeutic procedures in critical care and surgical applications. Teleflex markets and sells its products to hospitals and healthcare providers worldwide through a combination of our direct sales force and distributors. Teleflex was founded in 1943 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 27 of 29
Sector: Medical Products M&A 21 of 22
Type: Add-on Acquisition M&A Deals 23 of 24
State: Ohio M&A 1 of 1
Country: United States M&A 19 of 19
Year: 2022 M&A 1 of 1
Size (of disclosed) 9 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-18 Hudson RCI

Research Triangle Park, North Carolina, United States

Hudson RCI is a manufacturer and marketer of disposable medical products utilized in the respiratory and anesthesia segments of the worldwide healthcare markets.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-10 Palette Life Sciences

Solna, Sweden

Palette Life Sciences is a fully integrated global life sciences company dedicated to improving patient outcomes, continues to develop new resources and expand access to online training and education to meet the needs of caregivers, pediatric urologists and the global pediatric urology community. Palette Life Sciences is based in Solna, Sweden.

Buy $600M

Seller(S) 1

SELLER
DESCRIPTION

River Cities Capital Funds is a growth equity investment firm focused on healthcare services and information technology companies. River Cities seeks to invest $5 to $15 million in companies with at least $5 million in revenue. The Firm generally targets companies that pursue large, established markets with disruptive, “better, faster, cheaper” solutions. River Cities Capital Funds was established in 1994 and is headquartered in Cincinnati, Ohio.


DEAL STATS #
Overall 9 of 10
Sector: Medical Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 7 of 8
State: Ohio M&A 2 of 2
Country: United States M&A 9 of 10
Year: 2022 M&A 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-06 OnCall Staffing

Philadelphia, Pennsylvania, United States

OnCall Staffing provides staffing and moonlighting solutions. The Company helps physicians, physician assistants and nurse practitioners find flexible medical moonlighting positions that support their lifestyles. OnCall Staffing is based in Philadelphia, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-25 Cognitive Research

St. Petersburg, Florida, United States

Cognitive Research is a neuroscience clinical research organization (CRO) and cognitive assessment technology company, CRC works with sponsors, specialized clinical trial sites, and CNS experts to bring new drugs through rigorous testing to support FDA submissions and eventual market introduction. Cognitive Research was founded in 2016 and is based in St. Petersburg, Florida.

Buy -