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An Indianapolis company that makes trays for surgical instruments has raised a fresh round of capital. According to an SEC filing, Arcamed pulled in $500,000 in January.
Founded in 2011, the company makes trays to transport and organize instruments and implants as well as clean and store the tools. The company also offers product branding including specific colors and 3D graphics.
Greg Maurer, owner of the company and managing director of Heron Capitol, had no comment when asked about the company’s plans for 2014. Heron Capital makes private equity and venture capital investments. Arcamed is in the firm’s private equity portfolio, along with several other healthcare companies including AirXpanders, BioSet, and NeoChord.
Heron Capital Equity Partners invests in, acquires or recapitalizes small to middle market companies in niche manufacturing or healthcare. Before forming Heron Capital, Maurer was a corporate attorney at Schiff Hardin, L.L.P. in Chicago, concentrating on mergers and acquisitions, venture finance and other financing transactions, and private placements.
Jonathan Desalvo was promoted from vice president of operations to president in December. The company also hired a vice president of finance in January to “assist in growth development, process improvements, and establish consistency in supply chain management.”
