Innovia Medical

In April 2023, Shore announced the sale of Innovia to to Inverness Graham, a Philadelphia-based buyout firm that acquires innovative, high-growth businesses. Shore formed Innovia Medical through the initial acquisitions of Summit Medical, Inc. (“Summit Medical”) in February 2015, and Shippert Medical Enterprises, LLC (“Shippert Medical”) in October 2015. Shore appointed long-time healthcare operator Terry Meredith as CEO of Innovia, who led the expansion of the company with the acquisition of six additional businesses, bolstering the platform’s strategic positioning, product portfolio and customer reach. Today, Innovia Medical is a global provider of single-use surgical essentials and sterile processing products with a manufacturing footprint in the United States and United Kingdom.