Avista Capital Partners to acquire GCM from May River Capital.

Avista Capital Partners, a leading private equity firm focused on growth-oriented healthcare businesses, agreed to acquire GCM, a leading outsourced manufacturer of high-precision components and assemblies, from May River Capital. Financial terms were not disclosed. Rob Girardi, a Partner at Avista, said: "GCM represents a highly attractive opportunity to acquire a leading outsourced component manufacturer serving the growing MedTech industry, with deep customer relationships. We are excited to partner with Seamus and the entire GCM team as the Company makes significant investments to further position itself for robust growth."