The Private Equity team advised SunMed Group Holdings, LLC on its definitive agreement to acquire Avanos Medical, Inc. (NYSE: AVNS)’s Respiratory Health (RH) business.
The transaction includes substantially all of the assets primarily used in the RH business, including fixed assets, inventory, intangible assets – including the BALLARD, MICROCUFF and endOclear brands – and long-term leases for two manufacturing facilities located in Mexico (Magdalena and Nogales 2).
SunMed is a leading medical device manufacturer, offering one of the most comprehensive portfolios of consumable anesthesia and respiratory care products.
Avanos Medical, Inc. is a medical technology company focused on delivering clinically superior medical device solutions that will help patients get back to the things that matter.
The Goodwin team was led by Jared Spitalnick, Mike Miller, Matt Giannascoli, Dave Gallagher, Daniel Marks, Jessica Barbaria and Kirsten Kovats (Corporate); Steve Charkoudian, Jessica Rothstein, Marty Gomez, Gretchen Scott, Hayley Davis, Jason Yeoun, Martha Schreck, Katharine Cummings and Christopher McKenna (IPTS); Jennifer K. Bralower, Anne Bandes, Emily Josef, and Carlos Martinez (Debt); Eric C. Willenbacher, Dulcie Daly, Kyle Pine, Chris Zhao and Nathan Langford (Tax); Andy Barton and Andre Amorim (ERISA/Employee Benefits); Albert J. Solecki Jr. and Scott Bailer (Labor); Omer Tene, Karl Dragosz and Jacob Lee (Data Privacy); Nathan Brodeur (Environmental); Jacob R. Osborn, Carrie Miller and Gozde Guckaya (Trade/Tariffs); Steven S. Tjoe, Matt Wetzel and Heath Ingram (Healthcare); Liza V. Craig and Alexander Vivona (Government Contracts); Ai Tajima, Shelby Hecht and Libby Sousa (R&W Insurance); Andrew M. Lacy, Elliot Silver, Simone Waterbury, Charlotte Brunsdon, Charlie Stewart, Eram Khan and Sophie Entwisle (Antitrust & FDI); Andy Sucoff and Chad Vella (Real Estate); Pavel A. Shaitanoff and Cusaj Thomas (Equity Financing); Michael Miranda, Alex Fisher, Anna Yeomans and George Marsden (United Kingdom); William Robert, Benhouda Derradji and Louis de Chezelles (France); Jan Schinkoeth, Sebastian Walczak, Silvia Rava, Christoph Hempel and Tobias Schulz (Germany); with invaluable assistance from Troy Root.
For more details, read the press release.