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New Deal


Announced

Completed

Laborie Medical and Signet Healthcare Partners completed the acquisition of GI Supply.

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

Private

United States

Private Equity

endoscopy products

gastroenterology products

Acquisition

Single Bidder

Majority

Friendly

Completed

Domestic

Synopsis

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Laborie Medical, a diagnostic and therapeutic medical technology company and Signet Healthcare Partners, a private equity firm, completed the acquisition of GI Supply, a supplier of endoscopy and paracentesis products for gastroenterologists, colorectal surgeons, and interventional radiologists. Financial terms were not disclosed. "At Laborie, we are committed to helping improve lives by enabling our clinical customers and their patients with relevant solutions for their needs. We do this organically as well as through strategic acquisitions. With the acquisition of GI Supply, we immediately enhance LABORIE's gastroenterology product offering and sales channel in the US and internationally. This is an important step in the evolution of our GI business," Michael Frazzette, Laborie President & CEO.

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