Sterling Medical Devices (“Sterling”), a leading provider of design, development and regulatory services to the medical device industry, announced today its recapitalization and simultaneous merger with RBC Medical Innovations (“RBC”). RBC brings additional design and development capacity, including expertise in energy-based electromechanical devices, as well as manufacturing capabilities to the combined organization. Trevor Wahlbrink, Partner at Ampersand, commented, “We are extremely enthusiastic about the company that has been created following the combination of these two outstanding businesses. The partnership is a win-win for current and prospective customers and will provide a full outsourced solution for medical device innovation.”
Read the full article: Ampersand Portfolio Company Sterling Medical Devices Recapitalizes RBC Medical Innovations, Merges Entities //
Source: https://www.prnewswire.com/news-releases/ampersand-portfolio-company-sterling-medical-devices-recapitalizes-rbc-medical-innovations-merges-entities-301741464.html