Vance Street Capital, a Los Angeles-based private equity firm, has acquired A&E Medical Corporation, a leading medical device OEM designer and contract manufacturer primarily focused on single-use products used in cardiovascular procedures. The deal closed on February 25, 2016.

AcquirerVance Street Capital (US, Los Angeles)
TargetA&E Medical Corporation (US)
Deal ValueUndisclosed
Type of DealAcquisition
Close Date2016-02-25
Announcement Date2016-02-25
Buy-Side Financial AdvisorsStephens Inc.
Sell-Side Financial AdvisorsNot disclosed
Buy-Side Legal AdvisorsPaul Hastings LLP
Sell-Side Legal AdvisorsMorgan Lewis & Bockius LLP

Vance Street Capital is leveraging its expertise in the medical device sector to help A&E Medical accelerate growth. Founded in 1968 and based in Farmingdale, New Jersey, A&E Medical specializes in high-strength sternum closure systems and various cardiac pacing wires.

The acquisition will enable Vance Street to enhance A&E Medical’s product offerings through both organic development and strategic acquisitions, further solidifying the company's market position. The deal is a continuation of Vance Street Capital’s strategy to invest in companies that offer engineered solutions with strong customer relationships.