Medical Device, Global, Healthcare | Mergers & Acquisitions

Vascotube Acquired by Cirtec Medical

  • TM Capital, together with our international partner firm, Oaklins Germany, served as a financial advisor to Vascotube GmbH in its sale to Cirtec Medical Systems LLC, a portfolio company of 3i Group plc (LSE:III)
  • Vascotube, headquartered in Birkenfeld, Germany, is a market-leading manufacturer of precision-engineered nitinol tubing used in minimally invasive implantable medical devices
  • Cirtec Medical is a leading provider of outsourced medical device design, engineering and manufacturing
  • 3i Group, with $6.4 billion of capital under management, is a U.K. investment company targeting investment opportunities across Northern Europe and North America
  • Cirtec Medical’s acquisition of Vascotube will further vertically integrate its capabilities within minimally invasive therapies and expand its geographic footprint into Europe

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