Financing for MedPlast’s Acquisition of Integer’s Advanced Surgical and Orthopedics Business
July 12, 2018
On July 2, 2018, MedPlast Holdings, Inc., a portfolio company of JLL Partners and Water Street Healthcare Partners, closed the acquisition of the Advanced Surgical and Orthopedics (“AS&O”) business of Integer Holdings Corporation.
Headquartered in Foxborough, MA, MedPlast is a market leading outsourced manufacturer of medical devices serving a broad range of therapeutic areas including the cardiovascular, diagnostics, orthopedics, and advanced surgical end markets. Prior to the transaction, the Company focused on plastic components and finished devices with experience working with various highly-engineered plastics, including thermoplastics and elastomeric materials.
A carve-out of Integer Holdings Corporation, AS&O focuses on metals-based, single-use medical devices, instruments, and components with a broad set of manufacturing capabilities across the AS&O end markets. With the acquisition complete, MedPlast now offers a broad spectrum of capabilities across both metals and plastics, making the Company one of the few global contract manufacturing organizations offering vertically integrated, end-to-end product solutions.
Cain Brothers served as Joint Lead Arranger and Joint Bookrunner on the financing for this transaction.
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