Announced
Completed
Financials
Sources
Tags
Friendly
medical devices
Acquisition
Completed
Private Equity
Majority
Domestic
Medical Equipment
United States
Single Bidder
medical coatings
Private
Synopsis
GTCR, a private equity firm, completed the investment in Biocoat, a provider of medical coatings products and services for medical devices in the fast-growing interventional sector. Financial terms were not disclosed. "This investment demonstrates GTCR's continued commitment to The Leaders Strategy™, as we find ways to partner with experienced management teams. We look forward to supporting Chip, Jim, and the Biocoat team as the Company continues its aggressive pursuit of follow-on acquisitions in the next chapter of its growth," Sean Cunningham, GTCR Managing Director and Co-Head of Healthcare.
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