Morse is pleased to announce Ranfac Corp., an established medical device manufacturer, successfully completed the acquisition of Cervos Medical, LLC., a procedure-driven medical device company focused on developing minimally invasive, highly efficient, and cost-effective solutions that treat a variety of musculoskeletal conditions. With this acquisition, Ranfac Corp. demonstrates their commitment to being the most efficient partner for medical device innovation through continuous improvement, technology investments, and growing their talented workforce.
Ranfac Corp. is an established manufacturer of Class I and II single use medical devices. As both an OEM partner and contract manufacturer to the medical device industry, Ranfac Corp. is able to provide one-stop, finished good services and a range of Ranfac label devices across multiple specialties. The company has deeply engrained the importance of quality into their design process, ensuring that their products are safe for both the patient and the user, as well as efficient for operations to build out. By adding Cervos Medical, LLC. as a subsidiary, Ranfac Corp. can offer a larger variety of medical solutions.
Morse attorneys Joseph Marrow, Mary Beth Kerrigan, and Stan Chalvire served as counsel to Ranfac Corp. in this transaction.
“We have a terrific relationship with the team at Ranfac and Cervos Medical,” Joe shares. “It was such a pleasure to have served as counsel to Ranfac Corp. through the company’s first acquisition in its 135 year history. Congratulations to all involved with closing this transaction and we are so excited to see all of Ranfac’s and Cervos Medical’s future growth!”
Additional details can be found here.
Morse focuses exclusively on the core legal services that businesses need to succeed, helping businesses of all sizes — from startups to Fortune 1000 companies — in the service areas of corporate, intellectual property, licensing, employment, taxation and litigation. Morse has a vibrant M&A practice representing buyers and sellers in the low- to middle-market marketplace.
Morse
CityPoint
480 Totten Pond Road, 4th Floor
Waltham, MA 02451
781-622-5930
morse.law
