Background
- Connexicon Medical Ltd specialises in the manufacture of tissue adhesives and sealants for topical and internal applications
- Based in Ireland, Connexicon Medical is led by a team of experts with significant experience in medical devices and tissue adhesives
- Advanced Medical Solutions plc, is a UK-based company that develops and manufactures advanced wound care dressing technologies for management of chronic and acute wounds
Process
- DC Advisory was engaged by Connexicon Medical to act as exclusive financial advisor on the potential sale of the company
- DC Advisory leveraged its knowledge of the medical device sector to establish a framework consideration structure in the bilateral negotiations
Outcome
- Connexicon Medical was acquired by Advanced Medical Solutions Group, which is quoted on the London Stock Exchange’s AIM market
- This transaction further showcases DC Advisory’s deep expertise in the healthcare sector
