8/6/2013 8:40:21 AM
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ICU Medical Inc. (ICUI), the California-based maker of intravenous medical equipment, is in exclusive talks to sell itself to Chicago private-equity firm GTCR LLC, said people familiar with the matter. GTCR reached out to investors to obtain as much as $750 million in financing for a deal, said one of the people, who asked not to be named because the process is private. ICU currently has a market value of more than $1 billion. ICU’s products include medical devices used in drug infusions such as needle-free IV connectors.
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