# Sterling Medical Devices recapitalizes and merges with RBC Medical Innovations

Sterling Medical Devices announced its recapitalization and simultaneous merger with RBC Medical Innovations, creating a combined electromechanical medical device design, development, and manufacturing company. David Montecalvo appointed CEO.

- Type: Acquisition
- Announced: 2023-02-08
- Where: United States
- Status: completed
- Products: electromechanical medical devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Ampersand Capital Partners](https://endata.com/companies/22139.md) (investor)
- [Sterling Medical Devices](https://endata.com/companies/68441.md) (acquirer)
- [RBC Medical Innovations](https://endata.com/companies/68442.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/ampersand-portfolio-company-sterling-medical-devices-recapitalizes-rbc-medical-innovations-merges-entities-301741464.html), 2023-02-08: "Sterling Medical Devices announced today its recapitalization and simultaneous merger with RBC Medical Innovations."
- [vantagemedtech.com](https://vantagemedtech.com/sterling-medical-devices-recapitalizes-and-merges-with-rbc-medical-innovations/), 2023-05-26: "We partnered with Ampersand to expedite the growth of our current business while also seeking M&A opportunities that would be a strong cultural match and bring capabilities complementary to our own."

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