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Announced

CVC Capital Partners to invest in Spectrum Medical Group.

Synopsis

CVC Capital Partners, a Luxembourg-based private equity and investment advisory firm, agreed to invest in Spectrum Medical Group, a perfusion systems and EMR systems provider. Financial terms were not disclosed. “It’s a privilege to welcome CVC as our latest investor and represents a major endorsement of the corporate we have now constructed during the last 15 years. We selected CVC as our companion given their in depth expertise in healthcare and their international presence, which we consider will assist additional speed up our development. We’re very a lot wanting ahead to working with CVC to rework the cardiac area,” Steve Turner, Spectrum Medical Founder.

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