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Announced

Audax Private to invest in Aspen Surgical.

Synopsis

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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