Financial & Business

Medical Merge Acquired by Medtech and Investor-Backed Entity

New ownership organization is led by private investment/advisory firm Areida Group.

By: Michael Barbella

Managing Editor

Photo: Gajus/Shutterstock.

Medical Merge has been acquired by a newly formed entity backed by a group of experienced medtech operators and investors. This investment strengthens Medical Merge’s foundation and supports its plans to grow its engineering team, broaden its services, and expand into additional geographies, according to the company.

Medical Merge did not disclose the deal’s terms.

Based in Nashville with a second team in Houston, Medical Merge focuses on helping early device concepts become real. The firm works with clinicians, hospitals, startups, and established device companies who need hands-on design, prototyping, testing, and commercialization support to bring new technologies to first-in-human use. Medical Merge also partners with corporate R&D teams looking for creative and rapid innovation support to complement their internal efforts.

“We built Merge to give early-stage device concepts the same level of engineering, strategy, and development support typically found inside larger medtech organizations,” Medical Merge Founder Tanner Hargens stated. “This investment allows us to grow faster, expand into new markets, and support more innovators solving meaningful clinical problems.”

The new ownership entity is led by private investment/advisory firm Areida Group and includes multiple medtech operators and investors with deep backgrounds across device development, manufacturing, regulatory work, and commercialization. As part of its growth plan, Medical Merge will continue strengthening its Nashville and Houston teams while preparing to launch teams in additional U.S. cities where medtech innovation is accelerating.

“We are proud to support a platform that is dedicated to advancing medtech innovation through technical excellence and collaboration with early-stage founders. Innovative ideas require hands-on engineering support, prototyping, and proper business infrastructure to unlock its full potential,” Areida Group Managing Partner John Hwang said. “Merge fills that gap, and we are excited to help accelerate their growth by leveraging our existing ecosystem.”

Medical Merge is a medtech design and development studio that helps innovators move from clinical insight to device prototype and early-stage commercialization. The company provides design, engineering, prototyping, testing, and business planning support for clinicians, health systems, startups, and established device companies.

Areida Group is a private investment and advisory firm focused on partnerships with middle-market companies. Areida Group supports long-term strategic growth for business owners by providing embedded executive support and capital to grow through organic and acquisitive strategies.

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