Aspen Surgical Products Inc., a portfolio company of Audax Private Equity and a leader in disposable surgical products, announced the acquisition of Symmetry Surgical from RoundTable Healthcare Partners. Symmetry represents Aspen’s 15th acquisition in total and sixth since Audax’ initial investment in Aspen in 2019. Financial terms of the transaction were not disclosed.
Based in Nashville, Tennessee, with additional operations in Louisville, Kentucky; Tuttlingen, Germany; and Melbourne, Australia, Symmetry is a leading provider of high-quality surgical and specialty instrumentation, electrosurgery products and minimally invasive surgical devices. Symmetry maintains a rich legacy of trusted brands, innovation and customer service, supporting all surgical specialties and sites of care.
“Symmetry has a longstanding history of providing high-quality surgical devices and value-added services to the health care community, including iconic brands such as Bovie, Bookwalter and Greenberg,” said Jason Krieser, CEO of Aspen. “The portfolio is synergistic with Aspen and supports our mission to deliver essential products that improve safety and efficiency in the surgical environment.”
The acquisition of Symmetry augments Aspen’s broad portfolio with additional clinically preferred brands; provides diversification into attractive adjacent categories; and adds new commercial competencies and routes-to-market with a national direct-sales infrastructure across both acute and non-acute settings of care.
