Announced
Completed
Financials
Tags
Medical Equipment
Private
United States
Private Equity
endoscopy products
gastroenterology products
Acquisition
Single Bidder
Majority
Friendly
Completed
Domestic
Synopsis
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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