JLL Partners Combines Vascular Technology Incorporated and Parks Medical Electronics; MedWorld Advisors Serves as Buy-Side Advisor
To view the Press Release on the JLL Partners website, click here.
JLL Partners today announced the combination of Vascular Technology Incorporated (VTI) and Parks Medical Electronics, creating a leading vascular diagnostics and intraoperative Doppler platform serving hospitals, clinics, and surgical specialties worldwide. The combined leadership teams will drive the platform’s next phase of growth and innovation across Doppler ultrasound diagnostics and vascular surgical applications.
MedWorld Advisors served as buy-side advisor on the transaction.
VTI develops intraoperative surgical Doppler systems and suction/irrigation devices used across vascular, reconstructive, urology, endoscopy, neuro, and robotic procedures. Parks Medical, founded in 1961 and known for the Flo-Lab vascular system, brings deep heritage in non-invasive vascular testing. Together, the companies expand capabilities from operating-room tools to non-invasive diagnostics, offering a broader portfolio to clinicians and health systems.
About JLL Partners
JLL Partners, LLC is a middle market private equity firm with over three decades of experience transforming businesses in the healthcare, aerospace and defense, and business services sectors. The Firm is dedicated to partnering with companies that it believes it can help build into market leaders through a combination of strategic mergers and acquisitions, organic growth initiatives, and operational enhancements. The JLL Partners team is comprised of seasoned investment professionals and operating partners who are focused on driving long-term value creation across its portfolio. Since its founding in 1988, JLL Partners has invested approximately $8 billion of equity capital across nine private equity funds, with 60 platform investments and more than 189 add-on acquisitions.
For more information, please visit www.jllpartners.com.
About MedWorld Advisors
MedWorld Advisors is a global M&A advisory firm focused on healthcare and MedTech, serving founders, strategics, and investors on buy- and sell-side engagements. With a focus on the lower middle market, MedWorld Advisors partners with companies to navigate complex transactions, providing tailored strategies that drive value and achieve successful outcomes.
Media Contacts
JLL Partners: press@jllpartners.com
MedWorld Advisors: contact@medworldadvisors.com