Rachel Klemovitch, Assistant Editor02.20.24
Argosy Healthcare Partners (AHP), a division of Argosy Capital Group and a lower middle market private equity fund for healthcare announced the recapitalization and partnership with Command Medical Products. Command Medical Products offers contract manufacturing services to produce single-use disposable medical devices for global OEMs and life science customers.
Headquartered in Ormond Beach, FL, David Slick founded Command Medical Products in 1987. The company provides cleanroom manufacturing and leverages key technology including radio frequency welding, tube extrusion, sterile barrier packaging, and heat sealing. Command operates seven ISO Class 7 cleanrooms across two manufacturing facilities in Florida and Central America.
Command Medical Products serves critical end markets including cell and gene therapy, robot-assisted endoscopy, fluid management, drug delivery, and other high-growth therapeutic areas.
Medical device companies outsource the design and fabrication of products to reach requirements for effective manufacturing, supply chain flexibility, as well as regulation and compliance standards.
AHP managing partner Paul Barrett commented, “We thank David Slick for entrusting our team with his company. We are very excited to partner with Jim Carnall, Stephanie McGee, and the entire Command team. Command has a long and successful operating history, a talented team, and a blue-chip customer base. We look forward to fortifying the already strong foundation and help reinvesting in the commercial engine to accelerate growth.”
Command Medical Products president and COO, Jim Carnall said, “We are proud to partner with AHP. Their investment in our company will allow Command to scale and better serve our customers. I am also thrilled that our entire leadership team will remain at Command while we work together with AHP to build out our next chapter of growth.”
MedWorld Advisors facilitated and managed this deal. MedWorld is a Middle Market M&A Advisory Firm that specializes in MedTech, Medical Device Manufacturing, and other Healthcare-related businesses. It is based in the US with offices and partners around the world.
Headquartered in Ormond Beach, FL, David Slick founded Command Medical Products in 1987. The company provides cleanroom manufacturing and leverages key technology including radio frequency welding, tube extrusion, sterile barrier packaging, and heat sealing. Command operates seven ISO Class 7 cleanrooms across two manufacturing facilities in Florida and Central America.
Command Medical Products serves critical end markets including cell and gene therapy, robot-assisted endoscopy, fluid management, drug delivery, and other high-growth therapeutic areas.
Medical device companies outsource the design and fabrication of products to reach requirements for effective manufacturing, supply chain flexibility, as well as regulation and compliance standards.
AHP managing partner Paul Barrett commented, “We thank David Slick for entrusting our team with his company. We are very excited to partner with Jim Carnall, Stephanie McGee, and the entire Command team. Command has a long and successful operating history, a talented team, and a blue-chip customer base. We look forward to fortifying the already strong foundation and help reinvesting in the commercial engine to accelerate growth.”
Command Medical Products president and COO, Jim Carnall said, “We are proud to partner with AHP. Their investment in our company will allow Command to scale and better serve our customers. I am also thrilled that our entire leadership team will remain at Command while we work together with AHP to build out our next chapter of growth.”
MedWorld Advisors facilitated and managed this deal. MedWorld is a Middle Market M&A Advisory Firm that specializes in MedTech, Medical Device Manufacturing, and other Healthcare-related businesses. It is based in the US with offices and partners around the world.