# ONCAP makes significant investment in Biomerics

ONCAP announced a significant investment in Biomerics, which is also merging with Precision Concepts Medical. The investment is made in partnership with Biomerics' founder and CEO Travis Sessions, Wasatch Equity Partners, and the Marino family.

- Type: Investment
- Announced: 2023-05-17
- Where: United States
- Status: announced
- Products: medical device contract manufacturing
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Biomerics](https://endata.com/companies/22766.md)
- [ONCAP](https://endata.com/companies/2482.md) (investor)
- [Precision Concepts Medical](https://endata.com/companies/61429.md) (target)
- [Wasatch Equity Partners](https://endata.com/companies/70353.md) (investor)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/05/17/2671256/0/en/oncap-announces-investment-into-biomerics-and-merger-with-precision-concepts-medical.html), 2023-05-17: "ONCAP today announced it has agreed to make a significant investment in Biomerics."
- [globenewswire.com](https://www.globenewswire.com/news-release/2023/05/17/2671256/0/en/ONCAP-Announces-Investment-into-Biomerics-and-Merger-with-Precision-Concepts-Medical.html), 2023-05-17: "ONCAP today announced it has agreed to make a significant investment in Biomerics."

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