# Averra Holdings and Banner Capital partner with ZIEN Medical Technologies

Averra Holdings, a portfolio company of Banner Capital, announced a partnership with ZIEN Medical Technologies, a medical device contract design and manufacturing organization based in Salt Lake City. ZIEN will become part of Averra, enhancing its capabilities with turnkey packaging services.

- Type: Acquisition
- Announced: 2025-06-16
- Where: Salt Lake City, Utah, United States
- Status: completed
- Products: medical device contract design and manufacturing, packaging services
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Averra Holdings](https://endata.com/companies/85379.md) (acquirer)
- [Banner Capital](https://endata.com/companies/85380.md) (investor)
- [ZIEN Medical Technologies](https://endata.com/companies/85381.md) (target)

## Sources

- [healthtechnologyinsights.com](https://healthtechnologyinsights.com/averra-holdings-and-banner-capital-announce-partnership-with-zien-medical/), 2025-06-16: "We are pleased to partner with Tim and the ZIEN team. We believe the organization is a fantastic complement to Averra Packaging."

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