Healthcare & Life Sciences Private Equity Deal Tracker: Vance Street Acquires Injectech
Vance Street Capital has announced its acquisition of Injectech from The West Group (TWG).
Injectech, founded in 1998 and based in Fort Collins, Colorado, is a manufacturer of luer locks, bond-in luers, check valves, tube to tube connectors and spikes for the medical industry.
Vance Street, founded in 2007 and based in Los Angeles, is a middle market private equity firm that invests in several sectors, including medical technology and life science. The firm typically pursues companies with between $ 3 million and $ 30 million in EBITDA and with an enterprise value of $ 30 million to $ 350 million operating in the United States and Canada.
TWG is a U.K.-based company that specializes in the design and supply of fluid components and solutions to the medical and scientific markets.
Terms of the transaction were not disclosed.