by Avery Swett | Feb 9, 2023 2:42 pm | Medical Devices
Abbott is expanding its cardiovascular device portfolio with its acquisition of Cardiovascular Systems. Under terms of the agreement, Cardiovascular Systems’ stockholders will receive $20 per common share at a total expected equity value of approximately $890... Read More »
by Avery Swett | Feb 9, 2023 2:29 pm | eHealth, Private Equity
ImageTrend, Inc. announced an equity investment from Welsh, Carson, Anderson & Stowe (WCAS). Robert W. Baird & Co. acted as the financial advisor for ImageTrend. Kirkland & Ellis LLP served as legal counsel and Shea & Co. served as financial advisor to... Read More »
by Avery Swett | Feb 8, 2023 12:34 pm | Medical Devices, Private Equity
Sterling Medical Devices, a portfolio company of private equity firm Ampersand Capital Partners, announced on February 8 its recapitalization and simultaneous merger with RBC Medical Innovations. RBC brings additional design and development capacity, including... Read More »
by Avery Swett | Feb 8, 2023 10:38 am | Other Services
CVS Health announced on February 8 its acquisition of Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value of approximately $10.6 billion. This marks CVS Health’s third largest deal in the last decade and fourth in the... Read More »
by Avery Swett | Feb 7, 2023 12:58 pm | Medical Devices, Private Equity
Chicago-based private equity firm Shore Capital Partners announced the sale of Argentum Medical to BioDerm, a portfolio company of Denver-based private equity firm Mountaingate Capital. The transaction closed on January 31, 2023. Moelis & Company served as... Read More »