EndoGastric Solutions

Redmond, WA Medical Devices Acquired

EndoGastric Solutions is a Redmond, Washington-based medical device company that develops and commercializes incisionless surgical technologies for the treatment of gastroesophageal reflux disease (GERD). Its flagship EsophyX device is used to perform the Transoral Incisionless Fundoplication (TIF 2.0) procedure, an endoscopic, anatomy-restoring alternative to laparoscopic Nissen fundoplication that reconstructs the gastroesophageal valve to restore the body's natural anti-reflux barrier. The original EsophyX device received FDA clearance in 2007, with subsequent generations (EsophyX Z in 2015 and EsophyX Z+) expanding the platform. The TIF 2.0 procedure is supported by extensive clinical evidence including the TEMPO trial and is a covered Medicare benefit. EndoGastric Solutions' assets were acquired by Merit Medical Systems (NASDAQ: MMSI) on July 1, 2024 for approximately $105 million in cash, with the EsophyX Z+ platform now marketed under Merit Medical's endoscopy portfolio.

Acquired

EndoGastric Solutions has been acquired

Acquired by Merit Medical Systems, Inc. July 1, 2024 ~$105M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2002

Employees

51–200

Total Funding

$143.5M

4 rounds

Funding

Total raised $143.5M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Late-stage financing

Date

December 6, 2022

Amount

$18M

Valuation

DateRoundAmount RaisedValuationLead Investors
December 6, 2022 Late-stage financing $18M
May 28, 2019 Series I $45M
July 10, 2018 Debt/Financing $30.5M

Leadership

  • Darin Hammers

    Former President & CEO (Dec 2022 - 2024)

  • Skip Baldino

    Former President & CEO (2014 - 2022)

  • Scott Wolf

    Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Johnson & Johnson MedTech (Ethicon)

    Provides laparoscopic surgical stapling and instrumentation used in traditional Nissen fundoplication for GERD, the conventional surgical alternative to TIF.

  • Johnson & Johnson MedTech (Torax Medical / LINX)

    Markets the LINX Reflux Management System, a magnetic sphincter augmentation device implanted laparoscopically to treat GERD, the leading minimally invasive surgical competitor to TIF 2.0.

  • Restech / Diversatek (Stretta)

    Markets the Stretta procedure, an endoscopic radiofrequency treatment of the lower esophageal sphincter for GERD, a competing non-surgical option to the EsophyX/TIF platform.

  • Implantica

    Developer of the RefluxStop device, an implantable mechanical anti-reflux device for GERD treatment competing with TIF and LINX in the minimally invasive GERD market.

  • Medtronic

    Offers Bravo pH monitoring and a broad GI portfolio used in GERD diagnosis and surgical workflows, competing in the broader GERD diagnostic and treatment ecosystem.

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