Private equity player Audax Group has begun its recapitalization efforts with fluid warming infusion systems provider Belmont Instruments, according to a press release from financial advisor Mirus Capital Advisors. Billerica, Mass.-based Belmont produces rapid infusion systems designed to treat critically injured patients with material blood loss, according to Audax. “Belmont is a best-in-class provider of life-sustaining fluid warming […]
Audax Group to partner with, recapitalize Belmont Instruments
Private equity player Audax Group said yesterday it is looking to recapitalize fluid warming infusion systems provider Belmont Instruments, but did not say how much money it will invest in the company. Billerica, Mass.-based Belmont produces rapid infusion systems designed to treat critically injured patients with material blood loss, according to Audax. “Belmont is a best-in-class provider […]
Medical Device Tax: Sen. Scott Brown continues to push repeal message on the stump
Sen. Scott Brown (R-Mass.) stormed through the Bay State this week, hitting 3 medical device makers to highlight his push to repeal the 2.3% medical device tax.
Belmont Instrument wins $32 million Defense Dept. contract
Belmont Instrument Corp. won a $31.6 million contract from the U.S. Defense Dept. to supply its blood warming device to the military and federal agencies.
The Billerica, Mass.-based medical device maker makes a suite of blood-related products, including a rapid infuser, a hypothermia pump and its Buddy line of blood warming devices.
