Simbionix

Business Website: http://simbionix.com/

Simbionix, a Cleveland company that makes virtual reality-style equipment used to train surgeons and medical students, has entered into an agreement with a publicly traded 3D printing company from South Carolina to be acquired for $120 million in cash.

Simbionix, a Cleveland company that makes virtual reality-style equipment used to train surgeons and medical students, has entered into an agreement with a publicly traded 3D printing company from South Carolina to be acquired for $120 million in cash.

Zapis Capital has been an active partner in Simbionix Corporation for over a decade, after seeing early potential in the concept of innovative training and education solutions for medical professionals. Founded in 1997, Simbionix combines innovative R&D, cutting edge technology, and strong clinical relationships to promote adoption of best medical practices, advance clinical performance, and optimize procedural outcomes.

The company is headquartered in Cleveland, Ohio with an R&D center in Israel, blending American medical knowledge with Israeli technical ingenuity. Its suite of comprehensive education solutions, including top-of-the-line medical simulators and learning management systems, can be found in simulation centers, hospitals, colleges and other educational facilities in over 50 countries.

Simbionix continues to grow under the leadership of medical savvy management, with a breath of knowledge covering all areas that are essential to developing, producing and distributing high quality products that meet the specific needs of a complex market.

Status: Former Portfolio