Bionix has been recapitalized by Argosy Private Equity

Bionix, LLC has been recapitalized by Argosy Private Equity.

Bionix, headquartered in Toledo, Ohio, was founded in 1984 after identifying a need for disposable ear curettes. Since then, it has become a leading developer of innovative healthcare products for ear, nasal, and wound care applications, among others, that uniquely meet physicians’ needs. Backed by a strong patent portfolio, Bionix is a premium brand for innovative features and superior performance relative to low-cost commodity alternatives. The company manufactures its products in the USA and serves customers in every region of the world.

Argosy Private Equity is a lower middle-market private equity firm which invests in manufacturing and business services companies through management and leveraged buy-outs, recapitalizations, corporate divestitures, growth financings and generational transitions of family-owned businesses.

Oaklins’ team in Cleveland served as the exclusive financial advisor to Bionix.