Service Area: Operations
Client Type: Portfolio Company – Medical Devices
Service Provider Type: Operations Diligence
Industry: Healthcare Products
A portfolio company required comprehensive operations diligence for an acquisition in the medical device space, focusing on assessing the operational integrity of their potential suppliers based in Malaysia and China.
Due to COVID-19 restrictions, the company had not been able to audit or visit their suppliers’ manufacturing operations for the past four years. They needed a thorough review to ensure these suppliers met quality and compliance standards before finalizing the acquisition.
BluWave utilized its network to connect the portfolio company with operations diligence experts who specialized in the medical device industry. These service providers were all equipped to conduct thorough audits and assessments of the overseas manufacturing operations.
The diligence experts provided detailed insights into the operational standards and compliance status of the suppliers. This enabled the portfolio company to make informed decisions regarding the acquisition and ensure that the suppliers met their rigorous quality standards.