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RoundTable Healthcare Partners acquires TIDI Products

Private equity firm RoundTable Healthcare Partners has completed the acquisition of TIDI Products.

Founded in 1969 in Neenah, WI, TIDI was once primarily a manufacturer of paper-based barrier products. Through a strategically executed acquisition program and internal initiatives, TIDI has expanded its product offering to include a portfolio of differentiated, acute care focused medical products. Today, the Company is a designer, developer and manufacturer of a broad suite of medical devices and supplies for preventing infections and supporting caregivers across acute care, alternate site and dental end-markets. Financial terms of the transaction were not disclosed.

Joe Damico, Founding Partner and Co-Chairman of RoundTable, will serve as Chairman of the Board of TIDI. Kevin McNamara, President and Chief Executive Officer, will continue to lead the Company's management team and will also serve on its Board of Directors.

"We are very excited to partner with TIDI," says Joe Damico. "The Company represents a strong medical device platform in infection prevention and we look forward to working with Kevin and his team to position the Company for future growth by continuing to focus on the needs of TIDI's customers." 

McNamara says: "RoundTable is an ideal partner for TIDI. RoundTable's relationships, experience and resources will be significant assets for us as we work to expand our portfolio and further penetrate our target markets, particularly in acute care."

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