DC Advisory advises Connexicon Medical Limited on its sale to Advanced Medical Solutions Group plc

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