Linden Capital Partners Acquires Collagen Matrix Inc. to Strengthen Position in Medical Biomaterials Market

2019Year7Month31Day，VCBeat（WeChat ID：vcbeat）News，Linden Capital Partners(hereinafter referred to as “Linden”), a Chicago-based healthcarePrivate EquityThe company announced today the acquisition ofCollagen Matrix Inc.(hereinafter referred to as“CMI”）。CMIHeadquartered in Oakland, New Jersey, it is a developer and manufacturer of collagen-based medical products for tissue and bone repair and regeneration in orthopedics, sports medicine, dentistry, and neurosurgery. No financial terms of the acquisition were disclosed.

Gerard Moufflet, Operating Partner at Linden, stated, “CMI’s unique understanding of collagen technology, along with its commitment to innovation and high-quality manufacturing, has established CMI as a leading developer and manufacturer of biomaterials.” Upon closing of the transaction, Gerard Moufflet will join CMI’s Board of Directors. Brian Miller, Managing Partner at Linden, added, “The acquisition of CMI exemplifies Linden’s subsector- and operations partner-driven strategy, underscoring our continued focus on medical products, contract and private-label manufacturing, and the dental and orthopedic sectors.”

William Blair served as the exclusive financial advisor, and Kirkland & Ellis LLP acted as legal counsel to Linden. Robert W. Baird and Piper Jaffray served as financial advisors, and Ropes & Gray LLP acted as legal counsel to CMI. Golub Capital and Northwestern Mutual provided debt financing for the transaction.

Collagen Matrix, Inc. is a developer and manufacturer of collagen-based medical products for tissue and bone repair and regeneration.ThisThe company was established in1997year, headquartered in Oakland, New Jersey, USA, primarily developing proprietary products and serving end markets in orthopedics, sports medicine, dentistry, and neurosurgery through contracts orPrivate-labelsold in the form of toOEMClient.The company also offers partnership opportunities, including distribution, contract product development, and contract manufacturing services.Wait。

Linden Capital Partners is a Chicago-based private equity firm founded in 2004, specializing in healthcare investments with extensive expertise and strong strategic partnerships. Linden’s strategy is built on three pillars: 1. Healthcare specialization; 2. Integration of private equity and operational expertise; 3. Strategic relationships with large corporations. Linden invests in middle-market platforms across the healthcare products, specialized distribution, pharmaceuticals, and healthcare services sectors. Currently, Linden boasts a team of over 25 operating partners and investment professionals, with investment coverage spanning all segments of the healthcare market.

(Tian Shuhang)