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RoundTable Healthcare Partners-backed Healthcare Components Group completed the acquisition of Endoscopy Development Company from DW Healthcare Partners for $75m.

Synopsis

RoundTable Healthcare Partners-backed Healthcare Components Group, manufacturer and supplier of medical components and medical parts used in the repair and manufacture of mission critical medical devices, completed the acquisition of Endoscopy Development Company, a precision engineering and manufacturer of replacement and repair parts used in the repair of flexible endoscopy equipment, from DW Healthcare Partners, a healthcare-focused private equity firm, for $75m. "This acquisition significantly enhances our offering of components used in the development and repair of endoscopes to our customers while simultaneously providing an enhanced opportunity for career growth to our employees in a larger, more robust business." Marcus Rosenberg added, "We are excited to partner with HCG and RoundTable. We believe the combined product portfolio will allow us to better serve our customers," Larry Hicks, Healthcare Components Group CEO.

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