# Brendan Cody-Kenny: Private-equity roll-ups of medical device distributors leave thousands of orphaned EU registrations. A sale is usually when they get fixed.

Technical Due Diligence for Software M&A https://sub.xiliary.com/p/brendancodykenny

### 2026-10-01 update #eudamed #mdr #medical-devices #regulatory-data
Private-equity roll-ups of medical device distributors leave thousands of orphaned EU registrations. A sale is usually when they get fixed.
- 45% of large EU distributors have a national registration with no matching EUDAMED record, so a mismatch alone is normal.
- In Belgium, PE roll-ups account for 48,652 notifications left pointing at companies merged away. Every other case combined accounts for 103.
- Nobody pays to clean them up until a sale, an absorption or an insolvency forces it.

https://sub.xiliary.com/p/brendancodykenny/posts/40/private-equity-roll-ups-of-medical-device-distributors-leave