Cagan McAfee Capital Partners and Myles Sherman have jointly acquired of Minimally Invasive Devices (MID), according to a news release.
MID, which has changed its name to FloShield, is based in Columbus, Ohio. It develops laparoscopic visualization systems, including FloShield Air and FloShield Plus.
Cagan McAfee, based in Cupertino, Calif., is a private investment firm focused on providing expansion stage venture capital and growth capital. It invests in several sectors, including healthcare.
Myles Sherman is an investor/operator based out of Austin, Texas.
Financial terms were not disclosed.
