Creganna Medical Group

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Creganna Medical Group - overview

Established

1980

Location

Galway, -, Ireland

Primary Industry

Medical Devices & Equipment

About

Creganna-Tactx Medical specializes in the development and manufacturing of advanced medical devices focused on minimally invasive healthcare solutions, enhancing surgical efficiency and patient recovery. Founded by Ian Quinn in 1980 in Galway, Ireland, Creganna-Tactx Medical develops medical devices, including access and delivery systems. In February 2016, TE Connectivity Ltd agreed to acquire Creganna Medical Group from Permira and Altaris for USD 895 million. The deal was completed in April 2016.


Creganna-Tactx Medical specializes in the development and manufacturing of advanced medical devices, focusing on minimally invasive healthcare solutions. Their product offerings include access and delivery devices such as metal shafts, wire and coil systems, braid shafts, medical balloons, custom extrusion molding, mold technology, and specialized needles. These products are designed to improve patient outcomes and are supplied to hospitals, surgical centers, and medical device companies across North America, Europe, and Asia-Pacific. Creganna-Tactx Medical generates revenue through business-to-business transactions with healthcare providers and medical device manufacturers, selling high-quality components directly to hospitals and surgical centers.


The company collaborates with other medical device firms to integrate their products into larger medical systems, aligning pricing strategies with industry standards. Creganna-Tactx Medical aims to expand its product line and enter new geographic markets. Leveraging the recent acquisition funding, the company plans to introduce new innovative medical devices targeted for launch by the end of 2024. They are also focusing on expanding into Asia-Pacific and Latin America by 2025 to meet the growing demand for minimally invasive surgical solutions.


Current Investors

Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Devices & Equipment, Biomaterials

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Creganna Medical Group - financials

Fiscal Year EndedJul 31, 2012Jul 31, 2013Jul 31, 2014Jul 31, 2015Jul 31, 2016Jul 31, 2017Jul 31, 2018
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Creganna Medical Group - 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)
Trade SaleCompletedCreganna Medical Group-
Add-on, Trade SaleCompletedPrecision Wire Components-
Add-onCompletedABT Medical-
Secondary BuyoutCompletedCreganna Medical Group-
Add-onCompletedTactx Medical-

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Creganna Medical Group - employee data

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