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New Deal


Announced

Perry Baromedical to acquire ETC's Hyperbaric Division.

Financials

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

Tags

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Medical Equipment

Majority

Friendly

United States

product manufacturing

Acquisition

Pending

Single Bidder

Private

Synopsis

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Perry Baromedical, a manufacturer of hyperbaric medical devices, agreed to acquire Environmental Tectonics' Hyperbaric Division, a manufacturer of hyperbaric products under the "BARA-MED" brand. Financial terms were not disclosed. "This acquisition will allow Perry to continue to market this brand with existing FDA and international certifications and use the design to expand into newer markets in Asia. Perry will continue to sell equipment under the "BARA-MED" brand and continue to offer best in class customer service of all the Baromed installed equipment in the US and globally," Mary Pat Finn, Perry Baromedical President, and COO.

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