SEATTLE--(BUSINESS WIRE)--Independent Investment Bankers Corp. (“IIB”) is pleased to announce that Michael Bennett and Leif Johnson who are FINRA licensed investment bankers with IIB and partners of Liberty Ridge Advisors have assisted their client, Beatty Marketing & Sales Corporation (Beatty), with the sale of their company to Aspen Surgical Products, Inc. (Aspen).
Beatty provides high-quality orthopedic products, including foam positioners, sterile positioning kits, and suture retrievers to hospital and ambulatory surgery center customers across North America. Based in Redmond, WA, Beatty has demonstrated a consistent track record of driving recurring revenue growth while providing lower-cost options to caregivers. The acquisition of Beatty helps to accelerate Aspen’s leadership in the orthopedic surgical space and complements Aspen’s portfolio of Colby™ fluid management products and other surgical disposables. Recently acquired by Audax Private Equity, Aspen is poised for both organic growth and growth through acquisition.
For more information about this transaction, please contact Michael Bennett or Leif Johnson by visiting the Liberty Ridge Advisors website: www.libertyra.com.
About Liberty Ridge Advisors
Liberty Ridge Advisors assists businesses on capital transactions, including mergers, acquisitions, and recapitalizations. Liberty Ridge Advisors offers concentrated experience and expertise in key Pacific Northwest industries including: food products, aerospace, building materials and construction, general manufacturing and distribution, wine, and business and financial services. www.libertyra.com Investment banking services and securities are offered through IIB. IIB and Liberty Ridge Advisors are unaffiliated entities.
About Independent Investment Bankers Corp.
IIB is an SEC registered broker dealer and FINRA/SIPC member that provides back office support services to boutique investment banking groups that are primarily engaged in assisting companies either sell their business to strategic or other institutional buyers or help companies raise expansion debt or equity capital from institutional financing sources. www.iibcorp.com