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New Deal


Announced

Laborie Medical Technologies to lead a $20m Series C round in Urotronic.

Financials

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Transaction ValueĀ£15m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

medical devices

Venture Capital

Minority

Private

Single Bidder

Medical Equipment

Friendly

United States

Acquisition

Domestic

Pending

Synopsis

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Laborie Medical Technologies, a diagnostic and therapeutic medical technology company, agreed to lead a $20m Series C round in Urotronic, a Minnesota-based medical device company, along with current shareholders. "We are excited to have LABORIE invest in our company and become a global distribution partner to commercialize our disruptive technologies. Optilumeā„¢ offers physicians a device that has the potential to lift the burdens of current treatments. The investment by LABORIE, a leader in urology care globally, strengthens Optilume's position as a cutting-edge product in the urology device market," David Perry, Urotronic President and CEO.

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