Blockade Medical, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Blockade Medical, LLC - overview

Established

2011

Location

Irvine, CA, US

Primary Industry

Medical Devices & Equipment

About

Blockade Medical, LLC specializes in developing innovative medical devices aimed at treating neurovascular and peripheral vascular conditions, enhancing patient outcomes through cutting-edge technology. Founded in 2011 in Irvine, US, Blockade Medical, LLC focuses on the development of advanced medical devices. The company was acquired in September 2016 by Balt Extrusion SAS, a portfolio company of Bridgepoint, facilitating its expansion into key global markets. The founder's history and previous company affiliations are not publicly detailed.


Blockade Medical offers a range of medical devices targeting neurovascular and peripheral vascular conditions, including ischemic and hemorrhagic strokes. Their product portfolio features the Long Sheath Revascularization Device, Venous Remodelling Balloon, and Self-Expandable Braided Stents, designed for clinical use in hospitals and healthcare institutions across North America, Europe, and select regions in Asia. The company generates revenue through direct sales to healthcare providers, including hospitals and specialized clinics. Its sales structure leverages flagship products, with transactions accommodating bulk purchases and contracts for ongoing supply, ensuring consistent availability of advanced medical solutions to meet clinical needs.


Following the acquisition by Balt Extrusion SAS, Blockade Medical plans to enhance its footprint in the U. S. and expand its presence in key global markets. The recent funding of USD 2.


37 mn will support these initiatives, although specific upcoming products or release dates are not disclosed. The acquisition is anticipated to facilitate broader market access and growth opportunities.


Current Investors

Balt Extrusion SAS

Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Devices & Equipment, Biomaterials

Website

www.blockademedical.com

Verticals

HealthTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Blockade Medical, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedBlockade Medical, LLC-

Displaying 1 - 1 of 1

Blockade Medical, LLC - key contacts

NamePositionStart DateEnd DateVcardBio 
Board MemberBM

BM Board Member

Want to see more?

Request a demo for full access to this profile

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.