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New Deal


Announced

Hillrom acquires Breathe Technologies for $130m.

Financials

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Transaction Value£106m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Medical Equipment

Friendly

United States

Pending

Private

patient mobility equipments

Single Bidder

Acquisition

Synopsis

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Hillrom, a global medical technology leader acquires Breathe Technologies, a developer and manufacturer of a patented wearable, non-invasive ventilation technology that supports improved patient mobility, for a cash consideration of $130m. Hillrom expects this transaction to close during its fiscal fourth quarter of 2019, subject to customary closing conditions. The transaction is expected to be modestly dilutive in the first year and increasingly accretive thereafter.

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