Vention Medical Inc., a leading full-service medical device outsourcing company, has acquired ATEK Medical Group. Financial details of this transaction have not been disclosed.
Vention Medical is controlled by KRG Capital Partners, L.L.C., a Denver, Colorado-based private equity firm with a US$2 billion investment fund.
ATEK Medical Group is a leader in medical device assembly, packaging and injection molding, with facilities in Grand Rapids, Michigan, and Kerrville, Texas in the USA, and Heredia in Costa Rica.
One of Oaklins' teams in the USA advised the buyer in this transaction. The team has represented Vention Medical on three separate transactions including a recapitalization and two add-on acquisitions.
Paul R. Smolevitz
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