Altaris ups investment in Minnetronix

Minnetronix Medical announced today that healthcare investment firm Altaris Capital Partners has acquired the majority share of the company.

Altaris, which actively manages $4.9 billion of equity capital, had been a minority investor in Minnetronix since 2015. The St. Paul, Minn.-based contract manufacturer declined to reveal the amount of the new investment.

“Throughout our relationship with Altaris, we have achieved many milestones as a company,” said Minnetronix CEO Jeremy Maniak in a news release. “Now, with our expanded partnership, we are excited to accelerate our strategy and move into the next stage of growth at Minnetronix.”

Get the full story on our sister site, Medical Design & Outsourcing.

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