Dempsey Ventures is pleased to announce that it has sold a majority of its ownership interest in SunMed Group Holdings, LLC to Frazier Healthcare Partners, a leading private equity firm focused on healthcare since 1991. SunMed is the first investment by Frazier’s recently raised tenth fund. Dempsey will remain a minority partner in SunMed and participate on its Board of Directors. Dempsey chose to partner with Frazier to continue SunMed’s culture of service to its customers and growth through strategic acquisitions and new product introductions. SunMed’s merger with Salter Labs in 2019 and purchase of Westmed, Inc. in 2020 helped it become a global manufacturer of anesthesia and respiratory products with over 3,000 employees worldwide.