JLL Partners (“JLL” or the “Firm”), a New York-based middle market private equity firm focused on investing in the healthcare, aerospace and defense, and business services sectors, announces its acquisition of Parks Medical Electronics (“Parks” or the “Company”), a leading manufacturer of medical Doppler ultrasound systems for use in hospital, clinic, and veterinary settings, and the Flo-Lab Vascular system, a diagnostic tool used to evaluate blood flow in patients with peripheral arterial disease. The combination of Parks Medical and Vascular Technology represents a significant step towards building a premier medical device company focused on vascular and robotics applications.
Read the full article: JLL Partners Announces Combination of Vascular Technology Incorporated and Parks Medical Electronics //
Source: https://www.businesswire.com/news/home/20251105590662/en/JLL-Partners-Announces-Combination-of-Vascular-Technology-Incorporated-and-Parks-Medical-Electronics