Ampersand Capital Completes Sale of Medical Device Maker
October 19, 2012
Ampersand Capital Partners has sold medical device maker MedVenture Technology to Helix Medical. Based in Louisville, KY, MedVenture creates minimally invasive surgical devices for a range of procedures. The company, which was founded in 1998 and received two early stage VC financings, was acquired by Ampersand through a $34.5 million buyout in 2008.