Capstone Partners, together with our international partner firm, Oaklins Germany, served as a financial advisor to Vascotube GmbH in its sale to Cirtec Medical Systems LLC, a portfolio company of 3i Group plc (LSE:III).
Vascotube, headquartered in Birkenfeld, Germany, is a market-leading manufacturer of precision-engineered nitinol tubing used in minimally invasive implantable medical devices.
Cirtec Medical is a leading provider of outsourced medical device design, engineering and manufacturing. 3i Group, with $6.4 billion of capital under management, is a U.K. investment company targeting investment opportunities across Northern Europe and North America.
Cirtec Medical’s acquisition of Vascotube will further vertically integrate its capabilities within minimally invasive therapies and expand its geographic footprint into Europe.