Becker's Healthcare March 11, 2025
The Federal Trade Commission has filed a lawsuit to block private equity firm GTCR BC Holdings from acquiring Surmodics, a medical technology company, arguing the deal would reduce competition for critical device coatings.
The proposed acquisition would combine the two largest providers of outsourced hydrophilic coatings, Surmodics and Biocoat, which is majority owned by GTCR, giving the merged company control of over 50% of the market, according to a March...
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