Primus Capital

Devices & Diagnostics

Device reprocessor SterilMed sold to private equity firms

Medical device reprocessor SterilMed Inc. has been bought by two private equity firms for an undisclosed sum. The company’s new owners are Boston-based  Great Hill Partners and Cleveland-based  Primus Capital Funds, according to a statement from SterilMed. Maple Grove, Minnesota-based SterilMed reprocesses a vast array of single-use medical devices including guidewires, catheters, laser probes and […]

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AxioMed Spine Corp. earns coveted CE Marking to sell disc replacement in Europe

AxioMed Spine Corp. said Tuesday it has received Europe's CE Marking -- much like Food and Drug Administration market clearance in the United States -- to introduce its disc replacement for the lower spine to the 27 countries that belong to the European Union. It's the first market clearance for Freedom -- one of a small group of next-generation spinal disc replacements designed to function more like the natural spine.