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New Deal


Announced

Aspen Surgical to acquire Protek Medical Products.

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

Domestic

Single Bidder

Friendly

United States

Medical Equipment

probe covers

Majority

Pending

guidance tools

Acquisition

Private Equity

Synopsis

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Aspen Surgical, a provider of medical products and services, agreed to acquire Protek Medical Products, a global manufacturer of single-use ultrasonic probe covers and needle guides used in tissue biopsies, fluid aspiration, and vascular access procedures as well as protective covers for medical instruments and equipment. Financial terms were not disclosed. “Protek Medical has a long, successful history of providing effective, easy-to-use disposable products that help address cross-contamination issues in the clinical environment. This line is clearly synergistic with our current manufacturing and commercial operations and it supports our mission to provide high quality single-use medical devices that improve safety and efficiency for the healthcare settings that we serve,” Jason Krieser, Aspen Surgical CEO.

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