Outcome Capital, LLC, a specialized advisory and investment banking firm in life sciences and healthcare, announced today a new partnership between ZIEN Medical Technologies and Averra Holdings, LLC. ZIEN, a medical device contract design and manufacturing organization, has joined forces with Averra, a company focused on specialty packaging solutions for the medical device industry. Averra is also a portfolio company of Banner Capital.
Enhanced Capabilities and Growth Prospects
Tim Nieman, CEO of ZIEN, emphasized the vital role Outcome Capital played in this deal. He said, “Outcome Capital’s insights and professional advice guided us to combine our services and successfully complete this transaction. As part of Averra, ZIEN will expand its offerings to include vertically integrated design and manufacturing services. Our team is excited to broaden our impact.”