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New Deal


Announced

New Mountain-backed ILC Dover to acquire Flexan.

Synopsis

New Mountain-backed ILC Dover, a special engineering development and manufacturing company, agreed to acquire Flexan, a medical device contract design and manufacturing organization that specializes in silicone, thermoplastic, and specialty rubber components and devices. Financial terms were not disclosed. "Flexan's expertise in silicone molding and thermoplastic extrusion enables the company to deliver mission-critical components and devices to medical device manufacturers and ultimately improve patient care. We look forward to working closely with the management teams at Flexan and ILC Dover to drive the next chapter of growth and innovation across life sciences markets," Andre Moura, New Mountain Capital Managing Director.

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