Huron Capital seeks niche market device business:
This article was originally published in Clinica
Having sold its interest in ob/gyn device maker Prism Enterprises to CooperSurgical last year, Michigan-based private equity firm Huron Capital Partners is seeking a new business to acquire. In particular, it is looking for niche market class I and II medical device manufacturing, marketing and servicing operations with intellectual property that offers "unique growth opportunities". Huron's initiative, which could also target a healthcare data processing or equipment outsourcing business, will be led by Mark Smith, former CEO of Prism. Candidates for consideration could include recapitalisations, takeovers of businesses with owner-managers who want to exit, and corporate spin-offs.