Merging Forces: Tyber Medical, Intech, and Resolve Surgical Unite to Innovate the Medical Device Industry

Merging Forces in Medical Technology

In a significant step towards transforming the medical device landscape, Montagu has unveiled plans to merge three notable companies: Tyber Medical, Intech, and Resolve Surgical Technologies. This strategic alignment aims to create a cutting-edge supplier in the medical devices sector, equipping healthcare providers with innovative solutions.

The Strategic Union

The merger is designed to combine the capabilities of Tyber Medical, recognized for its rapid development and manufacturing services, and Resolve, a frontrunner in contract device design. Additionally, Intech, renowned for its expertise in complex orthopedic devices, brings depth to this collaborative effort.

Montagu has entered into a definitive agreement to acquire Tyber Medical, setting the stage for an integrative approach that leverages the strengths of all three entities. This merger is subject to customary regulatory approvals and closing conditions, aiming to streamline processes and enhance product offerings in the medical sector.

Driving Innovation Forward

The resultant organization is expected to redefine the market by introducing a unique blend of proprietary technologies and robust manufacturing capabilities that will offer speed to market previously unseen in the industry. Jeff Tyber, the Founder and CEO of Tyber Medical, emphasizes that the collaboration will not only boost portfolio expansion for partners but also revolutionize how companies adapt to the changing dynamics of the healthcare sector.

With an established track record of accelerating product launches—averaging just 12 months from signing to market—Tyber Medical is well-positioned to take on this ambitious endeavor. Jeff Tyber stated, "This strategic combination brings together the size, scale, and expertise of Intech along with Resolve's deep knowledge in the Spine and Cardiothoracic fields."

Enhancing Competitive Advantage

The collaboration fosters a platform that will function as a primary supplier of systems for various medical fields, including Spine, Trauma, and Sports Medicine. Furthermore, the initiative plans to broaden its innovation-led strategy into other areas of medical technology. Laurent Pruvost, President and CEO of Intech, remarked that this union significantly amplifies their capability to serve a global clientele in the medical technology industry.

The combined expertise from Tyber, Intech, and Resolve will allow for improved supply chain resilience, ensuring medical technology manufacturers can depend on timely and effective solutions. This venture aims to position itself as the trusted partner in healthcare technology, bolstered by a manufacturing footprint that spans continents and a commitment to quality.

Commitment to Quality and Care

Megan Osorio, President and CEO of Resolve, highlighted the importance of bringing innovation to market at speed and with high-quality standards. She emphasized that the merger will enhance their ability to support the growth of OEM partners across a wide array of orthopedic systems, ensuring that the highest standards of care are upheld for patients around the globe.

Montagu’s investment further solidifies this vision, with Adrien Sassi, a partner at the firm, stating their pride in supporting the creation of this world-class platform. Each organization involved shares a common commitment to providing high-quality products and reliable solutions to clients and patients alike.

Legal and Financial Framework

In this transformative acquisition, Houlihan Lokey and Dechert LLP served as exclusive financial and legal advisors to Tyber Medical, while Weil Gotshal & Manges provided legal counsel to Montagu, Intech, and Resolve.

Conclusion

The merger of Tyber Medical, Intech, and Resolve Surgical Technologies marks a pivotal moment for the medical device sector, heralding a future where enhanced speed, quality, and innovation converge to meet the growing healthcare demands. With global expectations on the rise, the need for reliable, efficient, and advanced medical devices has never been more critical. This union not only promises to meet these needs but also sets a bold precedent for future growth and collaboration in the industry.