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Seisa Medical closes $42.5 million recapitalization and acquisition line

February 2, 2018 By Danielle Kirsh

SeisaMedical-logoSeisa Medical (El Paso, Texas) announced that it has closed a $42.5 million senior secured credit facility with Sagard Credit Partners. Most of the funds from the deal will be used to be fees and expenses from the transaction while administering a dividend to shareholding and completing acquisitions.

“We are excited to begin this relationship with Sagard Credit Partners as a long-term strategic and financial partner,” Julio Chiu, founder and CEO of Seisa, said in a press release. “With this facility, we are well positioned to execute on our growth strategy to expand through acquisitions in a prudent and accretive way.”

The company plans to acquire companies that will help Seisa expand its injection molding, tubing and extrusion and device assembly offerings into other geographic regions. Seisa currently has facilities in the U.S., Mexico and Europe.

About The Author

Danielle Kirsh

Danielle Kirsh is an award-winning journalist and senior editor for Medical Design & Outsourcing, MassDevice, and Medical Tubing + Extrusion, and the founder of Women in Medtech and lead editor for Big 100. She received her bachelor's degree in broadcast journalism and mass communication from Norfolk State University and is pursuing her master's in global strategic communications at the University of Florida. You can connect with her on Twitter and LinkedIn, or email her at dkirsh@wtwhmedia.com.

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  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Supplies and Components Index
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • MedTech Resources
    • Medtech Events in 2025
    • The 2024 Medtech Big 100
    • Medical Device Handbook
    • MedTech 100 Index
    • Subscribe to Print Magazine
    • DeviceTalks
    • Digital Editions
    • eBooks
    • Educational Assets
    • Manufacturer Search
    • Podcasts
    • Print Subscription
    • Webinars / Digital Events
    • Whitepapers
    • Voices
    • Video
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
    • 2021 Winners
  • Women in Medtech
  • Advertise
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