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New Deal


Announced

Audax Private to invest in Aspen Surgical.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Medical Equipment

United States

surgical consumable products

Domestic

Private Equity

Friendly

Minority

Pending

Synopsis

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Audax Private, a private equity firm, agreed to invest in Aspen Surgical, a manufacturer of surgical disposables focused on improving patient and healthcare provider safety and efficiency. Goldman Sachs Asset Management and Hamilton Lane also participate in the investment. Financial terms were not disclosed. "Since our initial investment in 2019, Aspen has experienced a period of extraordinary transformation, tripling the scale of the company by expanding geographic coverage, accelerating the introduction of innovative new products, and acquiring five complementary businesses. Alongside Goldman Sachs and Hamilton Lane, this transaction allows us to amplify our support of this proven executive team and pursue imminent organic growth and acquisition opportunities," David Wong, Audax Private Equity Managing Director.

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