2005 RoundTable News

In the News

  • October 2005

    RoundTable Acquires Instrumed International, Inc.

    LAKE FOREST, IL, October 17, 2005 — RoundTable Healthcare Partners (“RoundTable”), an operating-oriented private equity firm focused exclusively on the healthcare industry, announced today that it has acquired a majority interest in Instrumed International, Inc. (“Instrumed”). Instrumed, based in Schaumburg, Illinois, and with operations in Tuttlingen, Germany, is a family-owned and operated company that specializes in the manufacturing and sourcing of premium quality surgical instruments. Instrumed’s customers include industry leading broad line and specialty suppliers of surgical instruments. Members of the family will retain a large minority ownership stake and will continue in key management roles.

  • August 2005

    RoundTable Attracts Chief Executive and Chief Financial Officers to CorePharma

    LAKE FOREST, IL, August 15, 2005 — RoundTable Healthcare Partners (“RoundTable”), an operating-oriented private equity firm focused on the healthcare industry, announced today that its portfolio company, CorePharma Holdings, Inc., (“CorePharma”), a leading developer and manufacturer of solid dose generic pharmaceuticals, has appointed two new executives to its management team. Gregory Young has been appointed to the position of Chief Executive Officer and John Johnsen has been appointed to the position of Chief Financial Officer. Messrs. Young and Johnsen will complement the existing operational management team, all of whom will continue to serve in their current capacities.

  • August 2005

    Alliance Medical Corporation And Vanguard Medical Concepts Announce Plan To Merge

    PHOENIX, Ariz. and LAKELAND, Fla.—(August 15, 2005)—Alliance Medical Corporation (Alliance) and Vanguard Medical Concepts (Vanguard), two leading independent third-party reprocessors of single-use medical devices (SUDs), today announced plans to merge their operations. The combined company will provide current and future healthcare partners with the greatest reprocessing savings opportunities, more available product services, enhanced field service levels, an undeniable guarantee of quality and FDA compliance, and a continuous stream of new product services from our engineering and product development team as well as unparalleled environmental initiatives.

  • August 2005

    RoundTable Healthcare Partners Acquires CorePharma LLC

    LAKE FOREST, IL, August 4, 2005 — RoundTable Healthcare Partners (“RoundTable”), an operating-oriented private equity firm focused exclusively on the healthcare industry, announced today that it has acquired a majority interest in CorePharma LLC (“CorePharma”). CorePharma, based in Middlesex, New Jersey, is a leading developer and manufacturer of solid dose generic pharmaceuticals. The CorePharma management team will retain a substantial ownership stake in the company and will continue to help lead the management of the organization. Financial terms of the transaction were not disclosed.

  • May 2005

    RoundTable Healthcare Partners Makes Additional Equity Investment in Argon Medical Devices, Inc.

    LAKE FOREST, IL, May 2, 2005 — RoundTable Healthcare Partners (“RoundTable”), an operating-oriented private equity firm focused exclusively on the healthcare industry, announced today that it has made an incremental equity investment in its portfolio company Argon Medical Devices, Inc. (“Argon”) to fund Argon’s strategic acquisition of Clinical Innovations, Inc. (“Clinical Innovations”). Clinical Innovations is a leading designer and manufacturer of single-use medical devices used primarily in the women’s health, urology, and gastroenterology markets. Argon is a leading manufacturer and supplier of specialty single-use vascular access and pressure monitoring devices utilized in the cardiology, radiology and critical care market segments. Argon and Clinical Innovations will be combined to form a new specialty medical device manufacturer, ACI Medical Devices, Inc. (“ACI Medical”). The financial terms of the transaction and RoundTable’s incremental equity investment were not disclosed.

  • March 2005

    RoundTable Healthcare Partners Raises $500 Million for Second Private Equity Fund

    On March 24, 2005, RoundTable announced the closing of its second private equity fund totaling $500 million (“Fund II”). Fund II was initially targeted for $400 million and closed one month after the commencement of fundraising efforts at the maximum amount RoundTable had said it would accept in commitments. RoundTable closed its first fund of $400 million in March 2002 (“Fund I”).