VitalPath Appoints Medical Device Industry Veteran Bill Ellerkamp as Chief Executive Officer

NEW HOPE, Minn., March 3, 2025 /PRNewswire/ -- VitalPath, a Contract Development and Manufacturing Organization ("CDMO") specializing in complex catheters and precision laser components, has announced the appointment of Bill Ellerkamp as Chief Executive Officer.

Mr. Ellerkamp is an accomplished medical device industry executive, strategic advisor and board member with over 40 years of experience in the medical technology CDMO space. Most recently, he served as President and CEO at Precision Coating, a leading provider of proprietary coatings and surface technologies for the medical technology industry. During his tenure, he led multiple strategic acquisitions, expanded global operations—including an expansion into Costa Rica—and drove significant investments in materials development, automation, culture, management infrastructure and information systems. His leadership culminated in the successful sale of Precision Coating to Integer Holdings Corporation in early 2025.

"I am thrilled to join VitalPath, a company known for its strong customer collaboration and expertise in delivering critical catheter solutions across the design, development and manufacturing lifecycle," said Bill Ellerkamp, CEO of VitalPath. "VitalPath is uniquely positioned to drive innovation and enable the release-to-manufacturing and scaling of advanced technologies in the rapidly growing, minimally invasive surgical markets, including Electrophysiology, Structural Heart and Vascular Intervention. I look forward to working with our team to advance our mission of partnering with customers to improve the quality of life for patients around the world."

Mr. Ellerkamp brings extensive experience in complex catheter solutions and advanced medical technologies, having served as an executive leader and board member at various CDMOs. He has also been a trusted Industry Executive Partner at Inverness Graham Investments for more than 15 years. His prior successful partnerships with Inverness Graham Investments include leadership roles at ExtruMed, a tight-tolerance medical extrusions business, and AdvancedCath, a complex catheter delivery systems manufacturer.

"Bill has already helped to drive meaningful impact at VitalPath as Chairman of the Board of Directors, and we are excited to welcome him as CEO," said Aliya Khaydarova, Managing Principal at Inverness Graham Investments. "Leveraging his deep industry expertise, Bill is well positioned to help the company meet the evolving needs of its partners, drive accelerated growth and lead VitalPath to its next phase of success."

About VitalPath

In partnership with our customers, VitalPath is driven to help dramatically improve quality of life for patients around the world. We do this by delivering exceptional, high-quality complex catheter solutions through impassioned customer relationships, innovative engineering, and operational excellence. In doing so, we serve our customers as well as our employees, their families, our suppliers, our communities, and our investors. The VitalPath team specializes in meeting customers' most challenging complex catheter design and manufacturing requirements, built on a comprehensive suite of precision component manufacturing capabilities.

The company is ISO 13485:2016 certified with an FDA registered site, including ISO 7 & 8 cleanrooms.

For more information, visit https://vitalpath.com/ and follow VitalPath on LinkedIn

About Inverness Graham Investments

Inverness Graham is a Philadelphia based buyout firm focused on acquiring innovative, high-growth companies where technology is transforming traditional industry. The firm's Flagship strategy focuses on businesses in Healthcare, Tech-Enabled Services / Software and Advanced Manufacturing. The firm's Green Light strategy targets tech-enabled businesses where Environmental Sustainability is a key driver of accelerating growth. Inverness Graham executes a differentiated, repeatable model for value creation through its proprietary Strategic Platform Build approach. Founded by senior executives of the Graham Group, the firm builds upon a 60-year legacy of operational excellence, bringing substantial value creation resources and an innovative mindset to support its portfolio company partners.

For more information, visit https://www.invernessgraham.com/

SOURCE VitalPath