Announced

Audax-backed Aspen Surgical to acquire Cygnus Medical.

Synopsis

Audax-backed Aspen Surgical, a manufacturer of surgical and medical devices, agreed to acquire Cygnus Medical, a medical supplier. Financial terms were not disclosed. "There is strength in bringing the people, products, and brands of Aspen, Cygnus, and Flagship together. Together, we can serve our customers and their patients across more surgical settings, market segments, and geographies with a broader, clinically relevant portfolio. We can help simplify and enhance the customer experience with an expanded offering of surgical products, services, and tools from a single partner," Carl Hall, Aspen Surgical Chief Commercial Officer.

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