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Inverness Graham Announces Acquisition of Innovia Medical

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Inverness Graham Announces Acquisition of Innovia Medical

Date of Post: 5.2.2023

Wayne, PA, April 7, 2023 – Inverness Graham, a Philadelphia-based buyout firm that acquires innovative, high-growth businesses, announced today that it has acquired Innovia Medical®. Based in St. Paul, Minnesota, Innovia Medical is a global manufacturer of branded single-use surgical products and sterile processing systems servicing ENT, Ophthalmic, Gynecological, and Aesthetic end-markets. Innovia Medical represents a new platform investment for Inverness Graham and joins several current and historical investments in healthcare, including Vista Apex, VitalPath, Danville Materials, and AdvancedCath.

“With a strong foundation, Innovia Medical is well-positioned to benefit from favorable market tailwinds in the end-markets it serves. We intend to invest in the Company’s sales and marketing and R&D to accelerate organic growth, while simultaneously pursuing complementary strategic add-on acquisitions,” stated Aliya Khaydarova, Managing Principal at Inverness Graham. 

“Innovia Medical is led by an experienced management team that has successfully grown the Company through portfolio diversification and strategic M&A. Given our experience in healthcare manufacturing, we are excited to partner with Terry Meredith and the entire management team on the next stage of Innovia Medical’s journey.”

“Innovia Medical has become a leading provider of specialty surgical products to medical professionals globally, and the Company continues to have tremendous growth potential,” stated Terry Meredith, CEO of Innovia Medical. “We look forward to building upon our success to date and partnering with Inverness Graham on the Company’s next phase of growth.”

Terms of the transaction were not disclosed.

About Inverness Graham Investments

Inverness Graham is a Philadelphia-based buyout firm that acquires innovative companies where technology is transforming traditional industry. The firm’s Flagship strategy focuses on high-growth businesses leveraging technology in Healthcare, Software, and Advanced Manufacturing. The firm’s Green Light strategy targets technology-enabled businesses where Environmental Sustainability is a key driver of accelerating growth. Inverness Graham executes a differentiated, repeatable model for value creation through its proprietary “Strategic Platform Build” approach. Founded by senior executives of the Graham Group, the firm builds upon a 60-year legacy of operational excellence, bringing substantial value creation resources and an innovative mindset to support its portfolio company partners.

Innovia Medical is proud to have established a reputation for using the highest quality materials and rigorous inspection protocols. Our world-leading products are trusted daily by healthcare professionals globally, consistently elevating patient care and improving surgical outcomes.

For more information on Innovia Medical world leading brands, visit https://innoviamedical.com/.

To learn more about Inverness Graham, visit https://www.invernessgraham.com/.

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Find About More About Innovia Medical
Find About More About Innovia Medical
Find About More About Innovia Medical
Find About More About Innovia Medical

The medical professional in mind. The Innovia Medical promise.

We are dedicated to close collaboration with our medical professional partners. We regularly seek feedback and input from physicians, nurses, and other medical professionals through product research, testing, and development.

This collaboration allows us to understand the solutions our medical professional partners need. In addition, it guides our innovation culture focused on inventing new, industry-leading product solutions and reinventing current product solutions that make otherwise ordinary products extraordinary across the specialty surgery spectrum.

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Mr Duis Aute Dolor,
Consultant Ophthalmologist

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