Syneo acquires Integrated Medical Holdings

An expert in precision tooling and automation solutions for the medical device industry, has acquired Integrated Medical Holdings LLC (IMH). This acquisition brings two leading catheter manufacturing solutions providers together and expands the equipment, tooling and service offerings of the combined companies.

Headquartered in St George, UT, IMH and its subsidiaries design and manufacture proprietary catheter tipping and hole making equipment, tooling, and other contract manufacturing services used in the manufacturing of catheter and other minimally-invasive devices. IMH’s “Cath-Tip” division designs and manufactures RF-induction thermoforming machines and consumables for catheter tipping, bonding and flaring, while the “Cath-Punch” division specializes in premium hole-drilling equipment and consumables that can be utilized to achieve almost any hole pattern required for a given catheter application. IMH also provides vertically-integrated catheter contract manufacturing services through its “Production Medical” division, including an ISO 14644-1 certified Class 7 clean room, and expertise in critical process steps such as extrusion, tipping, bonding, flaring, hole forming, pad printing, reflow laminating, and molding.

“We are excited to welcome the entire IMH team to Syneo and are highly optimistic on what the future holds in regards to the breadth of equipment, tooling and service-based solutions that we can provide to customers,” said Tyler Wackman, CEO of Syneo. “We now have the unique opportunity to concentrate our technical efforts on further optimizing our catheter punching and drilling solutions, and enhancing additional automation features for tipping equipment and contract manufacturing categories. This acquisition is the first of several that we have targeted to enhance Syneo’s value proposition to our customers, where Syneo can serve as the go-to solution provider for a larger set of catheter manufacturing needs.”

“Finding the right home for IMH and our employees was of the utmost importance,” commented Bob Winters, founder and CEO of IMH. “Syneo’s culture and core focus on building a company that is meaningful to customers and employees resonated with us, and we’re excited to partner with them to ensure the continued success of IMH.” MPO