Actient Pharmaceuticals Acquires Timm Medical

Lake Forest, Illinois-based Actient Pharmaceuticals has acquired Timm Medical Technologies. Financial terms of the deal were not released. Timm Medical develops products and services for the diagnosis and treatment of urological disorders. Actient was formed in 2009 in partnership with Chicago-based private equity firm GTCR. Timm Medical is Actient’s second acquisition.

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