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Team Technologies Acquires iiMED from ACON Investments
Friday 14 January 2022

Tennessee, US-based healthcare-focussed engineering solutions company Team Technologies, Inc. has acquired New York-based medical device manufacturer iiMED Medical Solutions, L.L.C. from affiliates of ACON Investments, L.L.C., the company said.

Financial terms were not disclosed.

The acquisition strengthens Team's position as a partner to healthcare OEMs and accelerates growth in the healthcare speciality manufacturing market.

Team Technologies, backed by Clearlake Capital, provides solutions to support healthcare products companies.

iiMED is a nearshore speciality manufacturer of FDA Class I and II consumable medical devices that partners with healthcare OEMs from design to manufacturing devices for patient monitoring, wound care and compression therapy treatments.
Details
Date Published: 14/01/2022

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