Audax Private Equity to acquire Aspen Surgical from Hillrom for $170m.

Audax Private Equity a private equity company has agreed to acquire Aspen Surgical, a business unit comprised of certain surgical consumable products, from Hillrom, a global medical technology leader, for $170m. "The sale of these surgical products will strengthen our ability to focus our resources across our portfolio as we continue to build a dierentiated suite of connected solutions for patients and caregivers. This transaction underscores our strategic focus on high-growth, high-margin categories where Hillrom can demonstrate leadership and supports our commitment to deliver on our promise of Advancing Connected Care™." John P. Groetelaars, Hillrom President and CEO.