About the Deal
DIVERSATEK HEALTHCARE, headquartered in Milwaukee, Wisconsin, with operations in Colorado and Vietnam, is a leader in gastroenterological medical devices and diagnostic technology. The company offers an extensive range of state-of-the-art products for the GI space including endoscopic devices and accessories, together with novel diagnostic technologies used to differentiate esophageal diseases and diagnose motility and reflux disorders.
G-FLEX, headquartered in Nivelles, Belgium, was established in 1985 and manufactures and distributes high-quality reusable and single-use endoscopy devices and instruments for the gastrointestinal and pulmonary markets. With operations in Europe and Brazil, G-Flex offers more than 250 products to customers in over 50 countries on 5 continents.
G-Flex expands Diversatek Healthcare’s global footprint by providing a headquarters for EU-based activities and adding a medical device manufacturing and distribution presence in Brazil. In addition, Diversatek Healthcare and G-Flex share common international sales channels that can be leveraged within Diversatek Healthcare’s current product portfolio.
BRIDGEWOOD ADVISORS initiated this transaction, assisted in negotiations, and provided strategic and financial advisory services to Diversatek Healthcare.