About ConvaTec
ConvaTec is a company based in Greensboro (United States) founded in 1977 was acquired by Avista Capital Partners in August 2008. ConvaTec has completed 3 acquisitions, including 180Medical, AbViser Medical and Unomedical. ConvaTec operates in a competitive market with competitors including Medtronic, GE Healthcare, Boston Scientific, Johnson & Johnson and Hologic, among others.
- Headquarter Greensboro, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$124.37 K (USD), Grant
Mar 20, 2024
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
180Medical
& 2 more
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Acquired by
Avista Capital Partners
(Aug 01, 2008)
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People of ConvaTec
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Software Development Team
185 people
Leadership Team
74 people
Sales and Marketing
63 people
Finance and Accounting
37 people
Human Resources and Administration
36 people
Senior Team
24 people
Product Management Team
21 people
Legal and Compliance
15 people
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Funding Insights of ConvaTec
- Total Funding Total Funding
- Total Rounds 14
- Last Round Grant — $124,367
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First Round
First Round
(17 Dec 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Grant - ConvaTec | Valuation |
investors |
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| Mar, 2024 | Amount | Grant - ConvaTec | Valuation |
investors |
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| Feb, 2024 | Amount | Grant - ConvaTec | Valuation |
investors |
Investors in ConvaTec
ConvaTec has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ministerstvo Hospodárstva Slovenskej Republiky, Avista Capital Partners and Nordic Capital.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are focused on the United States market.
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Investments & Acquisitions by ConvaTec
ConvaTec has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 180Medical, AbViser Medical and Unomedical.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Healthcare monitoring services are provided by AbViser Medical.
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2010 | ||||
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Urinary catheters and ostomy equipment are supplied nationwide.
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2009 | ||||
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Insulin infusion sets with 90-degree insertion angle
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1964 |
Financial Statements - ConvaTec
Convatec Comparisons
Competitors of ConvaTec
ConvaTec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Medtronic, GE Healthcare, Boston Scientific, Johnson & Johnson and Hologic, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Medical equipment for treating over 30 chronic diseases is developed.
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Materials management solutions are provided for healthcare organizations.
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Wide range of medical devices
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Healthcare solutions are provided by Johnson & Johnson globally.
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Diagnostic and surgical products for women's healthcare are provided.
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Biosciences, medication delivery, and renal products are developed and marketed.
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Frequently Asked Questions about ConvaTec
ConvaTec was founded in 1977 and raised its 1st funding round 33 years after it was founded.
ConvaTec is headquartered in Greensboro, United States. It is registered at Greensboro, North Carolina, United States.
Karim Bitar is the current CEO of ConvaTec.
ConvaTec Limited develops, manufactures, and markets products for wound therapeutics, ostomy care, stomacare, skin care, and fecal management. Its products are targeted at patients as well as health care professionals. The company makes wound cleansers, dressings, bandages, wound hydration products, and a negative pressure wound therapy system. Its products are designed to improve the management and healing of wounds and address such issues as wound dryness and severity. ConvaTecs additional products include ostomy pouches that allow patients with artificial openings (or stomas) to dispose of bodily waste into attachable pouches. It also makes continence, critical care, and infusion products. Convatec is owned by private equity firms Avista Capital Partners and Nordic Capital who bought it from Bristol-Myers-Squibb in 2008 for 4.1B.
ConvaTec's top competitors include GE Healthcare, Medtronic and Boston Scientific.
ConvaTec has made 3 acquisitions, including 180Medical, AbViser Medical, and Unomedical.
ConvaTec has 3 investors. Key investors include Ministerstvo Hospodárstva Slovenskej Republiky, Avista Capital Partners, and Nordic Capital.