Massachusetts-based global medical device maker Helix Medical enhanced its product portfolio with the acquisition of Kentucky device manufacturer MedVenture Technology Corp., which makes surgical and catheter-based devices for medical device companies.
Helix Medical bought MedVenture from Ampersand Capital Partners, a Boston-based private equity firm with a focus on middle market growth equity investments in the healthcare sector, according to the press release. The financial terms of the deal weren’t released to the public.