Standard Bariatrics, one of city’s top-funded startups, sold in $300M deal

One of Greater Cincinnati’s best-funded startups has agreed to be acquired by an East Coast-based public company in a deal worth $300 million, including earnouts. Once closed, it will stand as one of the region’s top three exits ever. 

Teleflex Inc. (NYSE: TFX), a global medical technology company based in the Philadelphia suburb of Wayne, Pa., has entered into a definitive agreement to acquire Blue Ash’s Standard Bariatrics, a medtech company developing devices for the surgical treatment of obesity. 

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Story excerpt provided by Cincy Inno. 

Written by Liz Engel. 

Originally published August 23, 2022.