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IntraPac International Corporation has acquired Precision Concepts Costa Rica (PCCR), a medical device manufacturer based near San Jose, Costa Rica. This acquisition enhances IntraPac’s capabilities and product offerings. PROINVE acted as the Exclusive Lead Advisor in the sale of PCCR operations to ONCAP.
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PCCR specializes in medical device components for complex procedures.
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PCCR will continue under its current leadership.
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Investments are underway to expand PCCR’s clean room capacity.
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Customers can leverage IntraPac’s facilities in North Carolina and the Dominican Republic.
ONCAP announced a significant investment in Biomerics, which is merging with Precision Concepts Medical. This partnership includes Biomerics’ founder, Wasatch Equity Partners, and the Marino family. PROINVE was the exclusive Lead Advisors for Precision Concepts Group in the sale of its operations to Precision Concepts International (April 2023), which subsequently merged with Biomerics.
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Biomerics, founded in 1994, is a leading medical device contract manufacturer.
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The merger expands Biomerics’ manufacturing space to over 1.2 million square feet across 13 locations.
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Biomerics supplies 20 of the top 35 medical device OEMs and focuses on high-growth markets like structural heart and robotic surgery.
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The transaction supports Biomerics’ growth with ONCAP and Wasatch’s backing.