• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Opinions
    • Top 30
    • Research
    • Supply Chain
    • Device Sectors
    • Directory
    • Events
    • Resources
    • Microsites
    • More
  • Magazine
  • News
  • Opinions
  • Top 30
  • Research
  • Supply Chain
  • Device Sectors
  • Directory
  • Events
  • Resources
  • Microsites
  • Current / Back Issues
    Features
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Reprints
    Subscribe Now
    Advertise Now
    Top Features
    Computer Concepts for Medical Device Design

    IVD Manufacturers Are Being Put to the Test

    The New State of Medtech Outsourcing

    The Changing Face of Medtech Surface Treatment

    The Totally Tubular Technologies that Support Medical Devices
    OEM News
    Supplier News
    Service / Press Releases
    Online Exclusives
    Press Releases
    People in the News
    Product & Service Releases
    Supplier News
    Medtech Makers
    Technical Features
    International News
    Videos
    Product & Service Releases
    Live From Shows
    Regulatory
    Financial/Business
    Top News
    Vascular Surgeon Imprisoned and Fined for Decade-Long Healthcare Fraud

    Remote Monitoring, Digital Health Help Advance Wound Care Treatment

    MLM Biologics Developing Wound Infection Prevention Device for Military

    NovaScan, PHC Corporation Working on Skin Cancer Detection Device

    Ur24Technology Granted Medicare Reimbursement for External Catheter System
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    Computer Concepts for Medical Device Design

    IVD Manufacturers Are Being Put to the Test

    The New State of Medtech Outsourcing

    The Changing Face of Medtech Surface Treatment

    The Totally Tubular Technologies that Support Medical Devices
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    Checking Up on Surgical Robotics

    Building a Network: How Synchron Is Developing a New Device—and a New Market

    Six Lessons Learned on Developing a Strong Company Culture

    As Hiring Slows, Companies Look Inward to Fulfill Talent Needs

    Artificial Intelligence: Medtech Opportunity or Health Danger?
    3D/Additive Manufacturing
    Contract Manufacturing
    Electronics
    Machining & Laser Processing
    Materials
    Molding
    Packaging & Sterilization
    R&D & Design
    Software & IT
    Testing
    Tubing & Extrusion
    Cardiovascular
    Diagnostics
    Digital Health
    Neurological
    Patient Monitoring
    Surgical
    Orthopedics
    All Companies
    Categories
    Company Capabilities
    Add New Company
    Outsourcing Directory
    Halkey-Roberts Corporation

    LEMO USA Inc.

    Fusion Biotec Inc.

    NDH Medical Inc.

    JBC Technologies
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    3 Key Elements to Consider When Managing a Medtech Sales Force

    Tech-Enabled Virtual Speech Therapy Improves Speech & Communication Skills

    Practical Strategies for Digitization and Integration in Medtech Manufacturing

    Sensors: The Heart of Minimally Invasive Equipment Technology

    Optimizing UX for the Internet of Medical Things
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    Halkey-Roberts Corporation

    LEMO USA Inc.

    Fusion Biotec Inc.

    NDH Medical Inc.

    JBC Technologies
    • Magazine
      • Current/Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Editions
      • Subscribe Now
      • Advertise Now
    • News
    • Directory
      • All Companies
      • ALL CATEGORIES
      • Industry Associations
      • Company Capabilities
      • Add Your Company
    • Supply Chain
      • 3D/Additive Manufacturing
      • Contract Manufacturing
      • Electronics
      • Machining & Laser Processing
      • Materials
      • Molding
      • Packaging & Sterilization
      • R&D & Design
      • Software & IT
      • Testing
      • Tubing & Extrusion
    • Device Sectors
      • Cardiovascular
      • Diagnostics
      • Digital Health
      • Neurological
      • Patient Monitoring
      • Surgical
      • Orthopedics
    • Top 30 Company Report
    • Expert Insights
    • Slideshows
    • Videos
    • eBook
    • Resources
    • Podcasts
    • Infographics
    • Whitepapers
    • Research
      • White Papers
      • Case Studies
      • Product Spec Sheets
      • Market Data
    • MPO Summit
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Microsite
      • Companies
      • Product Releases
      • Product Spec Sheets
      • Services
      • White Papers / Tech Papers
      • Press Releases
      • Videos
      • Literature / Brochures
      • Case Studies
    • About Us
      • About Us
      • Contact Us
      • Advertise with Us
      • eNewsletter Archive
      • Privacy Policy
      • Terms of Use
    Breaking News

    Washington Equity Partners Acquires Accu-Tube

    Kevin McGrath to helm the firm as its CEO.

    Washington Equity Partners Acquires Accu-Tube
    Images illustrate Accu-Tube's capabilities. Images courtesy of Accu-Tube.
    Washington Equity Partners08.21.18
    Washington Equity Partners, a private equity firm based in the Washington, DC metro area, has announced that it has acquired Accu-Tube Corporation, a manufacturer of highly engineered small-diameter stainless steel tubing. Washington Equity also announced the appointment of Kevin McGrath as chief executive officer of Accu-Tube, effective immediately. In addition, Bill Ellerkamp and Diane Loudon will join the company’s Board of Directors.
     
    Founded in 1973, Accu-Tube manufactures top quality standard and custom size stainless steel tubing, ranging from 0.009 in. O.D. (0.23 mm) to 0.375 in. O.D. (9.35 mm). The company is headquartered in Englewood, Colo., and largely sells to the medical, aerospace, and industrial end markets.
     
    Prior to joining Accu-Tube, Kevin McGrath most recently served as vice president, Advanced Surgical at Tecomet Inc., a manufacturer of complex parts for the medical device and aerospace/defense markets. Prior to Tecomet, McGrath had executive management roles at Mountainside Medical (where he was one of three original co-founders), Accellent, MedSource Technologies, and National Wire and Stamping.
     
    Jesse Liu, a partner at Washington Equity, stated, “Accu-Tube is a clear market leader with unique engineering capabilities and differentiated products, and the customer demand for its tubing far exceeds the company’s current revenue base. We plan to make significant investments to expand the company’s manufacturing capacity, and are excited to be partnering with new CEO Kevin McGrath and the current Accu-Tube team to grow the business.”
     
    Kevin McGrath, CEO of Accu-Tube, continued, “I am excited to join the Accu-Tube team as the company begins its partnership with Washington Equity. I have been a longtime customer of Accu-Tube’s tubing and have a strong appreciation for the market-leading quality of its products, the strong capabilities of its talented management and employees, and the opportunity ahead. We look forward to enhancing our service levels to each of our current customers and building increased awareness of our capabilities across each of our market segments.” 
     
    Bob Knibb, a partner at Washington Equity, added, “We are thrilled to add Accu-Tube to our portfolio and we will invest our capital, expertise, and resources to significantly expand Accu-Tube’s operations, manufacturing footprint, and employee base. In addition, we are also eager to pursue potential acquisitions of companies that have complementary tubing capabilities.”
     
    Plexus Capital and Private Advisors provided debt and equity financing in support of the transaction. 
     
    EdgePoint served as the exclusive financial advisor to Accu-Tube.
    Related Searches
    • market
    • tecomet
    • engineering
    • tubing
    Related Knowledge Center
    • Tubing & Extrusion
    Suggested For You
    Accu-Tube Accu-Tube
    Accu-Tube Appoints Matthew Haddle as CEO Accu-Tube Appoints Matthew Haddle as CEO
    9. Becton, Dickinson and Company 9. Becton, Dickinson and Company
    View from the Top View from the Top
    ViewRay Appoints New President & CEO; Welcomes New COO ViewRay Appoints New President & CEO; Welcomes New COO
    Graham Partners Makes Investment in Medbio Graham Partners Makes Investment in Medbio
    MedPlast Closes Acquisition and Rebrands as Viant MedPlast Closes Acquisition and Rebrands as Viant
    Insulet Assumes Direct Operations of its Omnipod Line in Europe Insulet Assumes Direct Operations of its Omnipod Line in Europe
    AEGEA Medical Names President and Chief Executive Officer AEGEA Medical Names President and Chief Executive Officer
    Endologix Appoints CEO Endologix Appoints CEO
    A Services Convergence: A Review of Medtech A Services Convergence: A Review of Medtech's Consolidating Supply Chain
    Theranos: Not Long for the Business World? Theranos: Not Long for the Business World?
    Medtech M&A Off to a Strong Start in 2018 Medtech M&A Off to a Strong Start in 2018
    Hill-Rom Appoints New President and CEO Hill-Rom Appoints New President and CEO
    MW Industries Acquires LaVezzi Precision MW Industries Acquires LaVezzi Precision

    Related Buyers Guide Companies

    • Accu-Tube

      Accu-Tube

      ...
      Kathryn Misra 11.11.21

    • Tubing & Extrusion
      Accu-Tube Appoints Matthew Haddle as CEO

      Accu-Tube Appoints Matthew Haddle as CEO

      Haddle has a track record of leading organizations through strategic expansions across the medical device, aerospace, and industrial sectors.
      Accu-Tube 09.22.21

    • 9. Becton, Dickinson and Company

      9. Becton, Dickinson and Company

      ...
      07.26.18


    • Materials
      View from the Top

      View from the Top

      A Q&A with Polyzen’s Tilak Shah on his almost 50-year career in materials and medtech.
      Bill Ellerkamp, Contributing Writer 07.26.18

    • ViewRay Appoints New President & CEO; Welcomes New COO

      ViewRay Appoints New President & CEO; Welcomes New COO

      New president and CEO Scott Drake and new COO Shar Matin come from Spectranetics.
      PR Newswire 07.25.18

    Loading, Please Wait..

    Trending
    • Philips Names New Supervisory Board Chairman
    • Healthcare Changes Prompt Medtronic To Merge Sales Force Medtronic, Inc. Is Combining Its U.S. Ca
    • A New Approach To Post-Market Surveillance
    • FDA Clears LiveMetric's Wearable Blood Pressure Monitoring Tech
    • Vascular Surgeon Imprisoned And Fined For Decade-Long Healthcare Fraud
    Breaking News
    • Vascular Surgeon Imprisoned and Fined for Decade-Long Healthcare Fraud
    • Remote Monitoring, Digital Health Help Advance Wound Care Treatment
    • MLM Biologics Developing Wound Infection Prevention Device for Military
    • NovaScan, PHC Corporation Working on Skin Cancer Detection Device
    • Ur24Technology Granted Medicare Reimbursement for External Catheter System
    View Breaking News >
    CURRENT ISSUE

    May 2023

    • Computer Concepts for Medical Device Design
    • IVD Manufacturers Are Being Put to the Test
    • The New State of Medtech Outsourcing
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Premium Label & Packaging Solutions Receives Safe Quality Food (SQF) Certification
    Inulinase Enzymes May Benefit Gut Symptoms of FODMAP Digestion
    Verdure Sciences’ Boswellia Ingredient Receives USP Verification
    Coatings World

    Latest Breaking News From Coatings World

    BASF Celebrates 10 Years of its Northeast Research Alliance in the U.S.
    BCF Elects Sharon Harte Its First Female President
    OQ Chemicals Launches Cost-Cutting Program and Organizational Realignment in Germany
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Vascular Surgeon Imprisoned and Fined for Decade-Long Healthcare Fraud
    Remote Monitoring, Digital Health Help Advance Wound Care Treatment
    MLM Biologics Developing Wound Infection Prevention Device for Military
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Catalent Adds New Cryogenic Capabilities at Japanese Facility
    Lifecore Biomedical Enters into $150M New Financing Deal
    WuXi Biologics Receives 2023 ISPE Facility of the Year Award
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    How Robots & Artificial Intelligence are Transforming Unilever's Material Innovation Factory
    Top 10 Most Popular Hair Care Brands in the U.S.—Ranked by Searches
    Aloette Cosmetics Launches Daily Mineral Shield Sunscreen
    Happi

    Latest Breaking News From Happi

    Sachi Skin Accuses Current State of Trademark Infringement in Lawsuit
    French Dermocosmetics Maternity Brand Talm Increases Caudalie Founders Investment
    Kérastase Donates $25,000 to The Trevor Project
    Ink World

    Latest Breaking News From Ink World

    Roland DGA to Hold Open House Event at its Atlanta Imagination Center
    BCF Elects Sharon Harte First Female President in Its History
    Weekly Recap: INX Digital, Mexar and hubergroup Top This Week’s Stories
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Mactac acquires Label Supply, Beontag grows and more
    Sun Chemical releases Spring 2023 Regulatory Newsletter
    Tageos unveils new RAIN RFID inlays
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Weekly Recap: Corman, Tosama Develop Biodegradable Plastic Tampon Applicator, Trevira Changes Name
    Suominen Appoints SVP, Transformation Management Office
    Minnesota Signs PFAS Ban in Consumer Products
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    AlloSource Launches AlloMend Duo Acellular Dermal Matrix
    TendoNova Inks Partnership With AcCELLerated Biologics
    Stryker Achieves First Surgeries Using Q Guidance System with Cranial Guidance Software
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Partner Workshops Start Solliance 2.0
    Weekly Recap: Smart Skis, Universal Display Top This Week’s Stories
    Wiliot Appoints Antony Yousefian as VP of Climate & Circularity

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login