Biomerics LLC
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Biomerics LLC - overview
Established
1994
Location
Salt Lake City, UT, US
Primary Industry
Medical Devices & Equipment
About
Based in Utah, US, and founded in 1994, Biomerics LLC, formerly known as Utah Plastics Group (UPG), operates as a medical device contract manufacturing firm that supplies medical devices to OEM customers. The company was founded by its CEO, Travis Sessions. In May 2023, ONCAP and Wasatch Equity Partners, along with the company's management, agreed to invest in Biomerics LLC. The deal is expected to close in June 2023.
As of 2023, the company had offices in eight locations, including the US, Canada, and Costa Rica. Biomerics collaborates with medical device OEMs (original equipment manufacturers) to design and manufacture medical components and devices. The products and services offered by the company include design for manufacturability (DFM) services; engineering services; design and development of catheters, steerable devices, medical balloons, balloon catheters, and needles; laser processing of metal and polymer materials for medical device components; supply of medical-grade polyurethane materials, polymers, and metals for various applications; and many more.
Current Investors
ONCAP
Primary Industry
Medical Devices & Equipment
Sub Industries
Engineering, Medical Supplies, Surgical Devices, Biomaterials, Steel & Metals
Website
www.biomerics.com
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Biomerics LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Precision Concepts Group LLC | - | ||||||||
| Growth | Completed | Biomerics LLC | - | ||||||||
| Add-on | Completed | Precision Concepts’ Medical Business | - |
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