SHS Gesellschaft für Beteiligungsmanagement, a growth investor in Tübingen, KfW Bankengruppe (ERP Start Fund) and company’s management have acquired a majority stake in TNI medical AG, a Freiburg and Würzburg, Germany-based medical technology firm.
Established in 2007, TNI medical develops, produces and commercializes diagnostic and therapeutic equipment for breathing therapy.
Commenting on the investment, Hubertus Leonhardt, partner at SHS Gesellschaft für Beteiligungsmanagement, said: “Products by TNI medical increase patient comfort while simplifying application at the same time.
“This also promotes cost-efficiency. Accordingly, we anticipate strong growth in demand for these products, particularly in the home-care market.
“We welcome the opportunity to continue to accompany CEO Ewald Anger and his team through continued growth at the company”, he added.
With regard to the company’s new lead investor, TNI medical AG CEO Ewald Anger, said: “In SHS, we have found a committed investor, one with proven competence in the medical-technology area and a successful track record in helping set up numerous new companies.
With SHS backing us up, we can continue to rev up our operation”.