RoundTable Healthcare Partners has announced it has sold TIDI Products to TJC.
TIDI, founded in 1969 and based in Neenah, Wisconsin, is a manufacturer, marketer and distributor of a portfolio of medical products. The company is best known for its falls prevention and patient safety products.
RoundTable, based in Lake Forest, Ill., is an operating-oriented private equity firm focused exclusively on the healthcare industry. Founded in 2001, the firm targets middle market investments in medical devices, medical products and disposables; specialty pharmaceuticals; medication delivery systems; specialty distribution; and complementary outsourced services.
TJC, formerly the Jordan Company, is a middle market private equity firm. Founded in 1982 and headquartered in New York, the firm invests in a wide range of industries, including healthcare.
Terms of the transaction were not disclosed.