Grace Medical Inc.

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Grace Medical Inc. - overview

Established

1995

Location

Memphis, TN, US

Primary Industry

Medical Devices & Equipment

About

Grace Medical Inc. is a U. S. -based company specializing in innovative medical devices and solutions for the ENT marketplace, enhancing surgical outcomes with advanced technology.


Founded in 1995 and headquartered in Memphis, U. S. , Grace Medical Inc. focuses on the development of medical devices tailored for ENT applications.


The company has engaged in one notable deal as an investment target, with its most recent deal occurring on July 2, 2025. Grace Medical specializes in advanced medical devices and solutions for the ENT (Ear, Nose, and Throat) marketplace. Their core product offerings include the ALTO System, the first non-crimp adjustable system designed to allow resizing after initial trimming and prosthesis placement, thereby enhancing flexibility in surgical applications. Additional innovations include the ALTO NyteByte Partial, featuring Superelastic Nitinol legs for improved functionality, and the ApollOS, which provides revolutionary barrier protection for transoral surgery.


Grace Medical also offers a comprehensive line of ventilation tubes in various designs and materials, Olson diamond-coated instruments that enhance surface friction for cholesteatoma removal, and endoscopic instruments such as the EndoEar, which improve surgical access and precision. These products are marketed to hospitals, surgical centers, and ENT specialists across North America and select international markets, addressing the needs of surgeons and patients requiring ENT interventions. Grace Medical generates revenue through direct sales to healthcare providers, including hospitals and surgical facilities, which utilize their innovative products for a variety of ENT procedures. Transactions typically occur on a business-to-business (B2B) basis, with pricing structures defined by the nature of the products.


Flagship offerings like the ALTO System and the ApollOS may have specific pricing tiers based on volume purchases or contractual agreements with healthcare institutions. The company engages in one-time purchases as well as longer-term agreements to supply medical facilities with necessary surgical tools and devices, contributing to a stable revenue stream. Grace Medical's commitment to product innovation and quality plays a crucial role in maintaining relationships with its client base and ensuring repeat business. In July 2025, Innovia Medical LLC, a portfolio company of Inverness Graham Investments, acquired Grace Medical Inc.


The acquisition enables Innovia Medical LLC to promote its growth and enhance its capabilities in providing care to its patients. Grace Medical plans to utilize the acquisition funding to drive the development of new products aimed at expanding its offerings in the ENT sector. Specific geographic markets targeted for expansion include additional international regions, although a precise timeline for this expansion has not been disclosed.


Current Investors

Innovia Medical, Inc.

Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Equipment Distributors, Therapeutic Devices

Website

www.gracemedical.com/

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Grace Medical Inc. - 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-onCompletedGrace Medical Inc.-

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