Asset Manager

Updated:

Ximedica

Ximedica is a medtech design and development consultancy in Providence, RI, led by CEO Kevin Grim, serving clients from concept through manufacturing.

Ximedica

Ximedica is a medical product and device development firm based in Providence, Rhode Island, established in 1985.

General information

Firm type

Asset Manager

Location

Region

North America

Country

United States

City

Providence

Corporate office

Providence, RI, United States

Additional offices

Boston, MA, United States

Principals

Kevin Grim

President and CEO

James G. Tague

Chief Operating Officer

David V. Milne

Chief Financial Officer

Sector focus

Medical DevicesDigital HealthHealthcare ServicesIndustrial DesignLife Sciences Tools & Services

Frequently asked questions

Who runs investment decisions at Ximedica?

Ximedica is a product development firm, not an investment vehicle. Decisions are made by CEO Kevin Grim and executive leadership. The firm is not known to deploy capital externally.

What types of medical devices does Ximedica work on?

Ximedica covers cardiovascular, orthopedics, surgical instruments, and diagnostic devices. The firm works across the full product lifecycle from ideation to manufacturing.

Is Ximedica a family office, an asset manager, or a service firm?

Ximedica is an engineering and design consultancy. It has no disclosed AUM or investment mandate. Its private equity ownership historically came from Prospect Partners.

Does Ximedica have any disclosed portfolio companies or direct investments?

No. Ximedica does not publicize client names or portfolio holdings. It operates on a fee-for-service model, not an investment basis.

Where is Ximedica's primary geographic focus?

Ximedica serves clients primarily in North America and Western Europe. It has offices in Providence, RI, and Boston, MA.

How does Ximedica handle regulatory affairs for clients?

The firm provides regulatory strategy and submission support for FDA (US), CE marking (Europe), and other international standards. This is integrated into client projects.

What is Ximedica's known posture on co-investments alongside external GPs?

Ximedica does not engage in co-investments. It is a service provider, not a capital partner.

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