Team Technologies recently announced that it acquired consumable medical device manufacturer iiMed Medical Solutions for an undisclosed amount.
The acquisition is the fourth purchase since Clearlake Capital Group invested in the company in 2018. It is the eighth transaction completed by the company since 2012.
Nearshore specialty manufacturer iiMed makes FDA Class I and Class II consumable medical devices and partners with healthcare OEMs. It designs and manufactures devices for patient monitoring, wound care and compression therapy treatments.
“We are thrilled to welcome iiMed’s customer partners and talented employees to the Team family. We have been impressed with iiMed’s rapid growth and deep expertise across an array of specialty manufacturing solutions, and we look forward to working with the iiMed team to grow our combined business to better serve our healthcare customers,” president and CEO Marshall White said in a news release. “As our communiti…