Thursday, December 8, 2016

MedPlast Acquired By Waterstreet, JLL

Tempe, Arizona-based MedPlast, a provider of technical molding services for the medical device industry, has been acquired by Water Street Healthcare Partners and private equity investor JLL Partners. Financial terms of the acquisition were not disclosed by the companies. MedPlast has more than 1,800 employees, with operations across 11 facilities across the United States, China, Mexico and the United Kingdom. The company provides its plastic molding services to OEMs in the diagnostic, orthopedic, surgical and other medical product areas. MedPlast is headed by CEO Harold Faig.