Arlington Capital has made a significant move in the healthcare sector by acquiring TEAM Technologies. This acquisition is set to strengthen their healthcare portfolio and enhance supply chain capabilities. Let's delve deeper into the details.

Arlington Capital's Strategic Healthcare Acquisition

Acquisition Details

Private equity firm Arlington Capital has recently sealed a deal to acquire US-based medical device manufacturer TEAM Technologies from Clearlake Capital. TEAM Tech specializes in manufacturing and supply chain solutions, offering end-to-end outsourced design and manufacturing services to medical device and pharmaceutical OEMs. It has been focusing on advanced medical devices crucial for healthcare systems.Arlington Capital managing partner Matt Altman emphasized that TEAM Tech is dedicated to providing holistic solutions for healthcare OEMs' design and manufacturing needs while strengthening supply chains to ensure the timely delivery of critical goods.Arlington principal Gordon Auduong expressed excitement about working with TEAM Tech's management team and building on its foundation through organic investment and strategic acquisitions.TEAM Tech CEO Marshall White, with 25 years of experience, believes Arlington is the ideal partner to accelerate the company's growth and take it to the next level.

Arlington's Fund and Previous Investments

Arlington is currently investing from its $3.8bn VI Fund and has made investments in over 175 companies across healthcare, aerospace, and business service sectors since 1999. Recent healthcare investments include Afton Scientific, Riverpoint Medical, and Grand River Aseptic Manufacturing.

Other Healthcare PE Deals This Month

In addition to the TEAM Technologies acquisition, other healthcare PE deals have been making waves. Charme Capital Partners acquired Germany-headquartered biotech Centogene for around $9m, and Nexxus Iberia's PE Fund II secured a majority stake in Spanish diagnostic imaging company Vivo Diagnostico.Arlington enlisted Harris Williams as financial advisor and Goodwin Procter LLP as the legal adviser during the buy-up process of TEAM Tech.Access the most comprehensive Company Profiles on the market powered by GlobalData. Save hours of research and gain a competitive edge. You can view profiles in store and request a free sample by submitting the form. We are confident in the unique quality of our Company Profiles and want you to make the best decision for your business.Sign up for our daily news round-up to give your business an edge with our leading industry insights.