January 5, 2022
BCS is pleased to announce its role as an advisor to Team Technologies in their successful acquisition of iiMed, a near shore specialty contract manufacturer of medical devices located in Reynosa, Mexico. Specific iiMed capabilities include RF welding, converting, sewing, and clean room assembly.
This is the second time in less than one year that Team Technologies partnered with BCS to expand its capabilities through an acquisition.
In this case, BCS was able to identify the opportunity and support both sides in executing this deal in less than 60 days without investment banker involvement on either side.
Mark Bonifacio commented: “This was a remarkable deal. It’s highly unusual to be able to execute a sizable and cross border deal so quickly with no investment bank representation. Both sides were highly responsive, moved quickly, deployed the appropriate resources and didn’t get caught up in small details. It was a pleasure working with both iiMed and Team Technologies. It was true win-win for both sides, even one year post deal.”