Avista Healthcare Partners has acquired Bentec Medical, a Woodland, California-based manufacturer of silicone medical device components, from Greyrock Capital Group and Hermitage Equity Partners. The deal consolidates Avista's focus on middle-market healthcare investments, particularly in medical devices and pharmaceuticals. Greyrock specializes in mezzanine debt for such firms, while Hermitage targets companies with $10M-$250M revenue. Bentec, established in 1994, serves OEMs and healthcare providers with finished goods and components, aligning with Avista's strategy to strengthen its presence in medtech manufacturing.

Terms remain undisclosed, but the move signals growing consolidation in niche healthcare sectors.