Montagu and Kohlberg to acquire Teleflex Medical OEM from Teleflex for $1.5bn.

Montagu and Kohlberg, private equity firms, agreed to acquire Teleflex Medical OEM, a manufacturer specializing in the design and development of medical devices, from Teleflex, a provider of medical technology products, for $1.5bn. “We have followed Teleflex Medical OEM for several years, giving us real insight into the caliber of the organization and the opportunity that lies ahead as an independent company. Over the last decade, Teleflex Medical OEM has built a reputation as a leading strategic supplier in the global medtech value chain, known for its engineering support, reliability, and quality. Working with Kohlberg, we look forward to leveraging our carve-out expertise, built through decades of transaction experience, and our strong track record in driving growth acceleration in medical device platforms, to support Greg and his team in unlocking the full potential of the company,” Adrien Sassi, Montagu Partner.