Last deal

$850M

Amount

Post-IPO Debt

Stage

07.06.2023

Date

3

all rounds

$1.07B

Total amount

date founded

Financing round

General

About Company
Merit Medical Systems, Inc. develops and manufactures medical equipment for cardiology, radiology, and endoscopy procedures.

Industry

Sector :

Subsector :

Also Known As

Merit Sensor

founded date

28.07.1987

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

The company has two units, Cardiovascular and Endoscopy, which offer a range of devices used to diagnose and treat coronary arterial disease, peripheral vascular disease, and other non-vascular diseases. Merit Medical Systems, Inc. has a global presence, with facilities in numerous locations worldwide and a large sales force that serves client hospitals worldwide. The company is renowned for its product innovation, customer service, and product quality.
Contacts

Phone number

Social url

Similar Companies
1000
CONMED

CONMED

Conmed Corporation is a global medical technology company that develops and sells surgical and patient monitoring products and services.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Utica, NY, USA

total rounds

2

total raised

$700M
Acist Medical Systems

Acist Medical Systems

ACIST provides innovative medical devices for cardiovascular, radiological, and endovascular applications.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Eden Prairie, MN, USA

total rounds

1
Baylis Medical Company

Baylis Medical Company

Baylis Medical Company is a leader in innovative medical devices for cardiology and spine.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Medical Device, Health Care, Medical

Location

Dorval, QC, Canada

count Of Investments

1

count Of Exists

1
Biometrix

Biometrix

Biometrix is a company that specializes in high-quality medical devices for intensive care, surgery, and interventional cardiology.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Location

Jerusalem, Israel

Financials

Funding Rounds
3
3

Number of Funding Rounds

$1.07B

Money Raised

Their latest funding was raised on 07.06.2023. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
07.06.2023
$850M
31.07.2018
$217M
Starboard Value

Starboard Value

Starboard Value is an investment adviser for publicly traded US small cap companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

New York, NY, USA

count Of Investments

16

count Of Exists

3
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Post-IPO Equity
Starboard Value

Starboard Value

Starboard Value is an investment adviser for publicly traded US small cap companies.

Sector

Closed End Investments

Subsector

Closed End Investments

Location

New York, NY, USA

count Of Investments

16

count Of Exists

3
Acquisitions
7
BrightWater Medical acquired by Merit Medical Systems

BrightWater Medical acquired by Merit Medical Systems

acquirer

Merit Medical Systems
Merit Medical Systems

date

17.06.2019

type

Acquisition

price

$50M
BrightWater Medical

BrightWater Medical

BrightWater Medical is a mid-stage medical device company that develops devices to treat ureteral blockages by interventional radiologists.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Medical

Location

Mountain View, CA, USA

total rounds

1

total raised

$5.2M
Vascular Insights acquired by Merit Medical Systems

Vascular Insights acquired by Merit Medical Systems

acquirer

Merit Medical Systems
Merit Medical Systems

date

17.12.2018

type

Acquisition

price

$60M
Vascular Insights

Vascular Insights

Vascular Insights is a medical device company based in Quincy, Massachusetts.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical Device, Manufacturing

Location

Quincy, MA, USA
Cianna Medical acquired by Merit Medical Systems

Cianna Medical acquired by Merit Medical Systems

acquirer

Merit Medical Systems
Merit Medical Systems

date

01.10.2018

type

Acquisition
Cianna Medical

Cianna Medical

Cianna Medical is a women's health company that provides innovative treatment for early-stage breast cancer.

Sector

Medical Equipment and Services

Subsector

Medical Equipment

Keywords

Health Care, Medical, Medical Device

Location

Aliso Viejo, CA, USA

total rounds

7

total raised

$53.5M

People

Founders
1
Fred Lampropoulos
Fred Lampropoulos

Fred Lampropoulos

Fred Lampropoulos has been in the medical device industry for over 30 years. After serving as the Chairman and Chief Executive of Utah Medical, Lampropoulos founded Merit Medical Systems, Inc. in 1987, where he currently serves as Chairman and CEO. He has invented and holds over 200 patents on devices used in the diagnostic and therapeutic treatment of cardiac, peripheral, gastrointestinal and pulmonary conditions. Lampropoulos is highly involved in his community and serves on many boards. He is also the recipient of numerous awards, including the Governor’s Medal for Science and Technology, CEO of the Year, and was inducted into the Utah Business Hall of Fame. Lampropoulos is a former Special Forces Officer and an Honorary Colonel in the Utah National Guard. He holds a number of honorary doctorates, including Doctorate in Business Administration from Westminster College in Salt Lake City, recognizing his contribution to and development of industry and education within the State of Utah.

current job

Hemosphere
Hemosphere

organization founded

1

Fred Lampropoulos

Employee Profiles
278

Richard Alley

Vice president international market development

Scott Hendrickson

Regional vice president sales merit vascular

Barton Gill

Vice president - corporate product management - endotek

Scarlet Guevara

Human resources business partner i \communication leader

Tyler Howell

Director information security

David Gilstrap

Director, product management

Jackie Lohdefinck

Vice president, us human resources

Chaarie Jaramillo

Human resources business partner

Activity

Recent News
5
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month