Medical Device Network on MSN10d
FTC sues to block GTCR’s ‘unlawful acquisition’ of Surmodics
The US Federal Trade Commission (FTC) has sued to block GTCR’s proposed $627m merger-acquisition of critical medical device ...
JD Supra8d
GTCR / Surmodics: Four Key Takeaways for M&A Antitrust from the First FTC Merger Challenge Under Trump
In the FTC’s first merger challenge of the new administration, the FTC voted 4-0 last week to challenge the proposed acquisition of Surmodics by private equity firm GTCR BC Holdings (“GTCR”).
MedTech Dive13d
FTC challenges $627M private equity takeover of Surmodics
The regulator said the buyout “would lead to a highly concentrated market for outsourced hydrophilic coatings and eliminate ...
Crain's Chicago Business28d
GTCR raises $3.6 billion for latest private-equity fund
Gifting allows recipients to access the article for free. Private-equity firm GTCR closed a $3.6 billion fund it will use for $50 million to $250 million investments in lower- and middle-market ...