.
MergerLinks Header Logo

New Deal


Announced

Completed

Olympus completed the acquisition of Veran Medical Technologies for $300m.

Financials

Edit Data
Transaction Value£223m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales10.6x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Friendly

Acquisition

medical devices

electromagnetic navigation

Medical Equipment

Majority

Cross Border

United States

Single Bidder

Private Equity

Venture Capital

Completed

Synopsis

Edit

Olympus, a manufacturer of optics and reprography products, completed the acquisition of Veran Medical Technologies, a medical equipment manufacturer, from venture capital firms River Cities Capital Funds, Versant Venture Prolog Ventures, Advantage Capital Partners, Vectis Private Equity, Rex Health Ventures, Dynamic Investments and 3G Capital for $300m. "We are proud to be joining forces with Olympus, a company with a 100-year legacy and a global reputation for quality, leadership and innovation. Olympus has a clear strategy to become a global medtech leader, and we're excited to contribute our unique capabilities and become part of this journey," Jason Pesterfield, Veran CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US