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GTCR completed the investment in Biocoat.

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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