Pleasant Prairie firm, backed by PE group, seeks first acquisition
Devicor Medical Products LLC, a Pleasant Prairie based firm headed by Tom Daulton, former general manager of Cardinal Health’s Interventional Sciences and Med Systems divisions, is seeking its first acquisitions in the medical device area.
The company is backed by GTCR Golder Rauner LLC, a Chicago private equity firm, which has pledged $250 million of equity capital to grow Devicor.
The company is now looking to acquire established interventional medical device businesses that sell to hospitals, surgery centers or ambulatory clinics. Initial acquisitions need to have infrastructure and personnel in manufacturing, R&D, engineering, sales and marketing, finance and human resources.
For more information, visit Devicor’s web site here.