Argosy Healthcare Partners (AHP) has announced the recapitalization of Command Medical Products.
Command, based in Ormond Beach, Fla., and founded in 1987, provides contract manufacturing services for medical devices sold by original equipment manufacturers and other device providers.
AHP, based in Wayne, Pa., is a lower middle market private equity investor focused exclusively on healthcare. A division of Argosy Capital, AHP typically pursues majority control transactions in U.S.-based, founder-owned healthcare businesses with $1 million to $3 million of EBITDA.
Terms of the investment were not disclosed.