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Announced

Completed

Healthcare 21 completed the acquisition of Cardio Solutions.

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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Private

Single Bidder

Friendly

medical devices

Domestic

United Kingdom

Medical Equipment

Majority

Acquisition

Completed

Synopsis

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Healthcare 21, a healthcare product marketing and distribution company, completed the acquisition of Cardio Solutions, a medical device distributor to the cardiothoracic and cardiology specialties. Financial terms were not disclosed. "The inclusion of Cardio Solutions, its products and portfolio, underpins our goal within the UK and European healthcare sector to be the number one, best in class provider of specialist sales, marketing and technical service solutions. This latest addition in our rapidly growing family of products and businesses will help drive sales and growth for our partnership network of global, healthcare manufacturers and thereby go onto further improve healthcare outcomes for communities worldwide," Owen Curtin, Healthcare 21 Chairman.

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