About ConvaTec
ConvaTec is a Healthcare company based in Greensboro (United States) founded in 1977, and was acquired by Avista Capital Partners in August 2008. Portfolio of wound care, ostomy care, stomacare, fecal management. ConvaTec has completed 3 acquisitions, including 180Medical, AbViser Medical and Unomedical. Its chief executive, as recorded, is Karim Bitar. Its website convatec.com draws about 259 thousand monthly visits. Its Indian entity Convatec India Private Limited reported revenue of ₹5.4 Lakh. Its focus areas include Life Sciences, Wound Care, Medical Devices and Therapeutic Devices. Its competitors include Medtronic, GE Healthcare and Boston Scientific; 1 of its 3 listed competitors has raised funding.
Company details
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
- Headquarters Greensboro, United States
- Stage Acquired
- SectorsHealthcare
- Website category Health
- Email••••••••
- Website convatec.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Avista Capital Partners (Aug 2008)
- Legal Name Convatec India Private Limited
- Date of Incorporation 24 Aug, 2012
- Indian entity revenue₹5.4 Lakh
FY 2022
- Indian entity net loss-₹40,290
FY 2022 · -7% margin
- Indian entity EBITDA-₹35,319
FY 2022 · -6% margin
- Latest Funding Round$124.37K (USD), Grant
Mar 2024
- Investors
- Investments & Acquisitions180Medical
& 2 more
- Acquired byAvista Capital Partners
(Aug 2008)
Associated legal entities of ConvaTec
ConvaTec operates through Convatec India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Convatec India Private Limited CIN U51101HR2012PTC106961 | Active | 24 Aug 2012 | Gurgaon, Haryana | ₹0.1 Cr | 61 | 4 | View details |
Apps and channels of ConvaTec
its YouTube channel Convatec Canada has 908 subscribers and 30 videos.
Videos from ConvaTec
The most watched videos on ConvaTec's YouTube channel, Convatec Canada (908 subscribers). Click a video to play it here.
More on Convatec Canada.
Funding Insights of ConvaTec
- Total Rounds 14
- Last Round Grant — $124,367
- First Round $745M
(Dec 2010)
- Investors Count 1
Latest 10 of 14 funding rounds of ConvaTec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $124,367 | Grant | – | – | |
| Mar 2024 | $126,509 | Grant | – | – | |
| Feb 2024 | $5,427 | Grant | – | – | |
| Dec 2023 | $126,140 | Grant | – | – | |
| Dec 2023 | $284,928 | Grant | – | – | |
| Oct 2023 | $113,218 | Grant | – | – | |
| Aug 2023 | $206,420 | Grant | – | – | |
| Jul 2023 | $206,450 | Grant | – | – | |
| Jun 2023 | $197,160 | Grant | – | – | |
| May 2023 | $216,383 | Grant | – | – |
3 investors in total: 3 institutional.
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 |
|---|---|---|---|---|
| nordiccapital.com | ||||
| mhsr.sk | ||||
Private equity investments are focused on the United States market. | avistacap.com | New York, United States |
Investor details for ConvaTec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Convatec India Private Limited (ConvaTec)
Convatec India Private Limited is the primary company behind ConvaTec. The board of Convatec India Private Limited currently have 3 directors; the longest-serving is Tiago Rafael Cosmo, appointed in 2023. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tiago Rafael Cosmo DIN 10118842 | Director | 18 Apr 2023 | 3 yrs 6 mo | Convatec India Private Limited |
| Harshal Goswami DIN 10668684 | Director | 25 Jun 2024 | 2 yrs 4 mo | Convatec India Private Limited |
| Rajesh Babu DIN 08971032 | Additional Director | 18 Jun 2025 | 1 yr 4 mo | Convatec India Private Limited |
People of ConvaTec
634 people are tracked at ConvaTec (217 in leadership, 5 in board & advisors, 412 in team).
| Name | Role | Group |
|---|---|---|
Karim Bitar | CEO | Leadership |
Anne Belcher | President & COO, Global Emerging Markets | Leadership |
Bruno Pinheiro | President & COO, Ostomy Care | Leadership |
Giulia Cherbavaz | Global Corporate Affairs Business Partner - Channels | Leadership |
Michael Mandarano | Director Of Application Development | Leadership |
Divakar Ramakrishnan | EVP & Chief Technology Officer | Leadership |
Sonny Lyngsø | VP Finance, Global Quality, Operations & Regulatory | Leadership |
Joanne Bellass | Associate Quality Director | Leadership |
Aimee Brenes | Sr. Director Of Quality | Leadership |
Jared Ragone | Sr. Director Quality Management Systems And Quality Compliance | Leadership |
Chris Arnold | Vp, IM | Leadership |
Stephanie Tomlinson | Head IT PMO | Leadership |
Gary Holder | Vice President - Corporate Accounts & Channel Management | Leadership |
April Brinson-Carrano | Associate Director, Benefits US & Canada | Leadership |
Cassie Hong | Associate Director, HRBP | Leadership |
Raina Bhushan (Mba | Digital Portfolio Director | Leadership |
Jonny Mason | CFO & Director | Leadership |
Evelyn Douglas | EVP, Chief of Corporate Strategy & Business Development | Leadership |
Kjersti Grimsrud | President & COO, Infusion Care | Leadership |
John Haller | EVP & Chief Quality & Operations Officer | Leadership |
614 more people are available in the full profile.
Complete people profiles for ConvaTec
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ConvaTec
Figures of Convatec India Private Limited, the primary company behind ConvaTec, for FY 2022. Revenue was ₹5.4 Lakh. Net loss was -₹40,290 (-7% margin). EBITDA was -₹35,319 (-6% margin).
- ₹5.4 LakhRevenue · FY 2022
- -₹40,290Net loss · -7% margin
- -₹35,319EBITDA · -6% margin
- ₹34.41 CrPaid-up capital
- 61Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Convatec India Private Limited are on its company page.
Detailed financial statements for ConvaTec
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
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 | Acquired | Amount |
|---|---|---|---|---|---|---|
Urinary catheters and ostomy equipment are supplied nationwide. | 180medical.com | Oklahoma, United States | 2009 | Aug 2012 | $321M | |
Healthcare monitoring services are provided by AbViser Medical. | abviser.com | Salt Lake, United States | 2010 | May 2012 | •••• | |
Insulin infusion sets with 90-degree insertion angle | unomedical.com | Rudersdal, Denmark | 1964 | Sep 2008 | •••• |
Complete acquisition details for ConvaTec
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of ConvaTec
7 dated milestones of ConvaTec across 47 years, from founding to its latest funding, stage changes and deals.
- Founded ConvaTec is founded.
- Exit Acquired by Avista Capital Partners.
- Acquisition Acquires Unomedical.
- Funding First funding round of $745.0M.
- Acquisition Acquires AbViser Medical.
- Acquisition Acquires 180Medical.
- Funding Latest funding round, Grant, of $124K.
Competitors of ConvaTec
ConvaTec has 3 listed competitors in our database, 1 of them funded. They include Medtronic, GE Healthcare and Boston Scientific.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| medtronic.com | 1949 | Minneapolis, United States | 1,114 | Medical equipment for treating over 30 chronic diseases is developed. | ||
| gehealthcare.com | 1892 | Chicago, United States | $29.13M | 16,700 | Materials management solutions are provided for healthcare organizations. | |
| bostonscientific.com | 1979 | Marlborough, United States | 63,359 | Wide range of medical devices |
Detailed competitors of ConvaTec
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ConvaTec
The website of ConvaTec (convatec.com) receives about 258.8K visits a month and ranks #193,008 among all websites worldwide, #6,228 in Health.
- Monthly visits258.8K
▲ 9.7% vs previous month
- Unique visitors110.4K
per month
- Global rank#193,008
among all websites
- Category rank#6,228
Health · Health
- Bounce rate45%
- Pages per visit2.2
- Average visit1 min 06 sec
- DevicesDesktop 44% · Mobile 56%
Websites whose visitors overlap most with ConvaTec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dermasciences.com | 100% | View details | |||
| smith-nephew.com | 95% | 296.7K | #152,630 | View details | |
wocn.org | wocn.org | 94% | #670,616 | – | |
| marlenmfg.com | 87% | #3,818,754 | View details | ||
| coloplast.com | 82% | 155.3K | #298,292 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for ConvaTec
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Wound Care
3 companies that operate in the same segment as ConvaTec (Wound Care) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Nanotech-based wound care products are developed and provided. | 2010 | Madison, Wisconsin, United States | USD 22.7 M | 35 | ||
Regenerative biomaterial products and bioimplants for wound, surgical, sports medicine and orthopedics | 1985 | Marietta, Georgia, United States | USD 418.63 M | 837 | ||
Developer of hemostatic products for wound care | 2010 | New York, New York, United States | USD 113.35 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Convatec
Complete news archive for ConvaTec
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 CEO of ConvaTec, as recorded in our data.
The primary company behind ConvaTec, Convatec India Private Limited, reported revenue of ₹5.4 Lakh for FY 2022.
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.
ConvaTec operates through Convatec India Private Limited.
Yes. ConvaTec was acquired by Avista Capital Partners in August 2008.
The legal entities of ConvaTec currently have 4 directors, including Rajesh Babu, Harshal Goswami, Tiago Rafael Cosmo and others.
The website of ConvaTec receives about 259 thousand visits a month and ranks #193,008 among all websites worldwide.