Argosy Healthcare Partners Teams Up with Command Medical Products for Next Growth Phase

Argosy Healthcare Partners

WAYNE, PA — Argosy Healthcare Partners (AHP), a division of the diversified investment firm Argosy Capital Group, Inc., has recently unveiled a recapitalization and partnership deal with Command Medical Products. AHP manages $3.3 billion in assets under management (AUM) and has an impressive portfolio of partners in the healthcare sector. The latest addition, Command Medical Products, is a leading provider of contract manufacturing services for single-use disposable medical devices.

Based in Ormond Beach, Florida, Command Medical Products has been a stalwart in the medical device industry since its establishment in 1987 by David Slick. The company is renowned for its customized clean room manufacturing of single-use medical devices, utilizing key technologies such as tube extrusion, radio frequency (RF) welding, heat sealing, and sterile barrier packaging. Command’s products serve vital end markets, including cell & gene therapy, drug delivery, robot-assisted endoscopy, fluid management, among other high-growth therapeutic areas.

The partnership comes at a time when medical device and life sciences companies are increasingly outsourcing manufacturing to support the design and fabrication of their products. This trend is driven by the need for speedier market entry, cost-effective manufacturing, supply chain flexibility, and adherence to stringent regulatory and compliance standards.

“We are grateful to David Slick for entrusting our team with his company,” said Paul Barrett, Managing Partner of AHP. “We are thrilled to join forces with Jim Carnall, Stephanie McGee, and the entire Command team. Command boasts a long and successful operating history, a talented team, and a blue-chip customer base. We look forward to strengthening the already robust foundation and reinvesting in the commercial engine to stimulate growth.”

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Command operates seven ISO Class 7 cleanrooms across two manufacturing locations in Florida and Central America. Its contract manufacturing services are instrumental to global medical device original equipment manufacturers (OEMs) and life sciences customers.

“We are proud to partner with AHP,” said Jim Carnall. “Their investment in our company will allow Command to scale and better serve our customers. I am also thrilled that our entire leadership team will remain at Command as we collaborate with AHP to build out our next chapter of growth.”

The deal was facilitated and managed by MedWorld Advisors, a US-based leading Middle Market M&A Advisory Firm specializing in MedTech, Med Device Manufacturing, and healthcare.

While the terms of the deal remain confidential, it is clear that this partnership is likely to stimulate significant growth for Command Medical Products. With the backing of AHP, the company is well-positioned to expand its reach and enhance its product offerings, providing an even greater level of service to its customers in the medical device and life sciences sectors.

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