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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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 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | 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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are focused on the United States market.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ConvaTec
ConvaTec has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 180Medical, AbViser Medical and Unomedical. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| 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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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ConvaTec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Biosciences, medication delivery, and renal products are developed and marketed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Convatec
Frequently Asked Questions about ConvaTec
When was ConvaTec founded?
ConvaTec was founded in 1977 and raised its 1st funding round 33 years after it was founded.
Where is ConvaTec located?
ConvaTec is headquartered in Greensboro, United States. It is registered at Greensboro, North Carolina, United States.
Who is the current CEO of ConvaTec?
Karim Bitar is the current CEO of ConvaTec.
What does ConvaTec do?
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.
Who are the top competitors of ConvaTec?
ConvaTec's top competitors include GE Healthcare, Medtronic and Boston Scientific.
How many acquisitions has ConvaTec made?
ConvaTec has made 3 acquisitions, including 180Medical, AbViser Medical, and Unomedical.
Who are ConvaTec's investors?
ConvaTec has 3 investors. Key investors include Ministerstvo Hospodárstva Slovenskej Republiky, Avista Capital Partners, and Nordic Capital.