Private equity firm Ampersand Capital Partners has sold MedVenture Technology Corp. to Helix Medical.
The sale price was not disclosed.
Helix Medical, a division of the Freudenberg Group, is a manufacturer for the medical device and healthcare industries with 10 manufacturing operations worldwide. Medical manufacturing capabilities include design and development, silicone and thermoplastic molding and extrusion, complex catheter systems, assembly, packaging and engineering services.
MedVenture develops and manufactures minimally invasive surgical devices and catheter-based devices for medical device companies.
Ampersand Capital Partners, based in Wellesley, Mass., describes itself as a middle market private equity firm with a focus on growth equity investments in the Healthcare sector.