Teleflex Buying Medical Device Manufacturer Vidacare
November 01, 2013
Vidacare has agreed to be acquired by Teleflex (NASDAQ: TFX) for $262.5 million plus Vidacare’s net cash. The company provides products to access the intraosseous (inside the bone) space for a variety of medical, diagnostic and therapeutic purposes, including vascular access, emergency medicine and oncology. Vidacare backers include Piper Jaffray, Telegraph Hill Partners, Tullis Health Investors and Incyte Venture Partners, among others.