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Quasar Medical acquires balloon maker Ridgeback Technologies

September 25, 2024 By Sean Whooley

A photo of a perfusion catheter.
Custom catheter offerings from Ridgeback Technologies include bladed, perfusion (pictured) and multi-lumen balloons for a variety of procedures. [Image courtesy of Ridgeback Technologies]
Quasar Medical announced that it completed the acquisition of Ridgeback Technologies, a maker of cutting-edge catheter balloons.

The company says Galway, Ireland-based Ridgeback’s offerings enhance its full-service portfolio of minimally invasive medical devices. The company provides end-to-end manufacturing solutions for such devices and now adds customized balloon catheter solutions to its offerings.

“The acquisition of the Ridgeback team is a significant milestone in our strategic growth plan,” said Alex Wallstein, Quasar CEO. “Ridgeback’s innovative balloon technology fills a critical gap in Quasar’s capabilities plus expands our footprint to Galway, Ireland, with its vibrant med-tech community. We welcome the Ridgeback team to our Quasar family.”

Ridgeback specializes in rapid turn-around and innovative balloon design. It offers bladed, perfusion and multi-lumen balloons for a variety of procedures across structural heart, cardiovascular, neurovascular and peripheral interventions.

The acquisition adds extensive on-site capabilities, rapid lead-times for high-quality catheter types and quality and assurance, Quasar said.

“Joining Quasar Medical marks an exciting new chapter for the Ridgeback team,” said Ray Blowick, CEO of Ridgeback Technologies. “We have recently moved to a new 4,500-square-foot site to support further growth, and I am excited to leverage Quasar’s mass production set-up, adding scale-up to our front-end design and development expertise.”

Filed Under: Applications, Balloons, Business, Cardiology, Catheters, Mergers & Acquisitions, Neurology, Technologies & Devices Tagged With: Quasar Medical, Ridgeback Technologies

About Sean Whooley

Sean Whooley is an associate editor who mainly produces work for MassDevice, Medical Design & Outsourcing and Drug Delivery Business News. He received a bachelor's degree in multiplatform journalism from the University of Maryland, College Park. You can connect with him on LinkedIn or email him at swhooley@wtwhmedia.com.

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