KRG Capital Partners announced the acquisition of Fast Forward Medical by its one of its Fund IV platform companies, Vention Medical. Vention Medical provides integrated services solutions for the design and manufacturing of devices and components.
Vention is continuing its portfolio expansion of advanced technology offers for catheter based devices using a range of minimally invasive procedures for catheter based equipment and technology.
Through the combination of Vention and Fast Forward, the services to their respective customers through the increase of scale, expanding capabilities and improvement of local market presence.
Initially, KRG Capital Partners Fund IV had made its initial investment in Vention Medical back in May 2008. The acquisition of Fast Forward represents the 185th investment for KRG since its creation as an investment fund.
KRG is a private equity buyout firm overseeing USD4.4 billion of cumulative capital either available or deployed for investments to be done in the future.
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