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Healthcare & Life Sciences Private Equity Deal Tracker: Roundtable Healthcare Partners and Portfolio Company Acquire Bovie Medical’s Electrosurgical Business

Posted in Healthcare Services Investing

RoundTable Healthcare Partners has announced its portfolio company, Symmetry Surgical, completed the acquisition of Bovie Medical’s electrosurgical business.

The business of Bovie, based in Clearwater, Fla., develops and manufactures generators, electrodes, cauteries and accessories used in doctors’ offices, surgery centers and hospitals.

RoundTable is an operating-oriented firm focused exclusively on the healthcare industry. The company, based in Lake Forest, Ill., targets middle-market investments in medical devices, medical products and disposables, specialty pharmaceuticals, medication delivery systems, specialty distribution and complementary outsourced services.

Symmetry, based in Antioch, Tenn., is a marketer of reusable, reposable and single-use surgical instrumentation and specialty devices.

The acquisition of Bovie complements Symmetry’s existing Olsen energy portfolio and expands its line of single-use surgical products, according to a news release.

Note: Learn more about RoundTable and other leading PE firms that invest in healthcare here.

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