Surgical Technologies, Inc. | Stephens

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Financial Advisor

Surgical Technologies, Inc.

Value Not Disclosed 05/19/2022 Life Sciences & Medical Devices Complete
Lead Bankers: Shawn Fitz, Drew Jones
Private Companies
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Transaction Details

  • On May 19, 2022, Surgical Technologies, Inc. (“STI”), a family-owned medical device contract manufacturer, was acquired by PRO-TECH Design & Manufacturing, Inc. (“PRO-TECH Design”).
  • The acquisition expands PRO-TECH Design’s manufacturing capabilities to three locations (Santa Fe Springs, CA, Arlington, TX, and now St. Paul, MN), making it one of the largest family-owned medical device contract packaging companies in the country.
  • Pamela McMaster, CEO and Founder of PRO-TECH Design, said, “We are very pleased to be adding STI to the PRO-TECH Design family. Both companies share a common set of values, an exceptional dedication to their customers, and strong teams.”

About the company

Surgical Technologies, Inc.

Surgical Technologies, Inc. is a medical device contract manufacturer and a leader in lean manufacturing. Founded in 1981, STI was a part of the Scanlan Group, which dates to 1921, prior to being acquired by PRO-TECH Design.

PRO-TECH Design & Manufacturing, Inc.

PRO-TECH Design & Manufacturing is a woman-owned full-service FDA- and ISO 13485-registered medical device contract manufacturing and packaging company headquartered in Santa Fe Springs, Calif. Founded by Pamela McMaster in 1980, PRO-TECH Design specializes in medical device assembly, contract packaging, laboratory services, and sewn medical products.

Sources: Company Materials.
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