Announced

Completed

Inverness Graham completed the acquisition of Innovia Medical.

Synopsis

Inverness Graham, an operationally focused private investment firm, completed the acquisition of Innovia Medical, a family of specialty surgical companies that are partnering with medical professionals. Financial terms were not disclosed. “With a strong foundation, Innovia is well-positioned to benefit from favorable market tailwinds in the in the end-markets it serves. We intend to invest in the Company’s sales and marketing and R&D to accelerate organic growth, while simultaneously pursuing complementary strategic add-on acquisitions. Innovia is led by an experienced management team that has successfully grown the Company through portfolio diversification and strategic M&A. Given our experience in healthcare manufacturing, we are excited to partner with Terry Meredith and the entire management team on the next stage of Innovia’s journey,” Aliya Khaydarova, Inverness Graham Managing Principal.

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