VRC is proud to release its latest Industry Report. The report provides a concise, insightful update on the Medical Devices industry including recent transactions, market multiples, company performance and purchase price allocation percentages.

Industry Highlights

• On December 14, 2023, IDEX Corporation completed the $206 million acquisition of Super Technical Ceramics Corp., an integrated provider of advanced material science solutions, from Artemis Capital Partners Management. STC specializes in the design and manufacturing of technical ceramics and hermetic sealing products for the most extreme, mission critical applications.
• On January 2, 2024, Watts Water Technologies, Inc., one of the world’s leading manufacturers and providers of plumbing, heating, and water quality products and solutions, announced that it completed the previously announced acquisition of Josam Company, a leading provider and manufacturer of drainage and plumbing products.

Past Industry Updates

Medical Devices: October 2023

Medical Devices: June 2023

Medical Devices: February 2023