# Teleflex to acquire Z-Medica for $500M upfront

Teleflex Incorporated entered a definitive agreement to acquire privately-held Z-Medica, LLC, a manufacturer of hemostatic products, for an upfront cash payment of $500 million and up to $25 million in milestone payments. The acquisition is expected to close in Q4 2020.

- Type: Acquisition
- Announced: 2020-10-28
- Where: United States
- Value: $500.0M
- Status: announced
- Products: hemostatic products, QuikClot, Combat Gauze, QuikClot Control+
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Teleflex](https://endata.com/companies/20113.md) (acquirer)
- [Z-Medica, LLC](https://endata.com/companies/50830.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2020/10/28/2116368/0/en/teleflex-to-acquire-market-leader-in-hemostatic-products.html), 2020-10-28: "Teleflex Incorporated today announced it has entered into a definitive agreement to acquire privately-held Z-Medica, LLC, an industry-leading manufacturer of hemostatic products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.