Announced

Laborie Medical Technologies to acquire GI Supply from Signet Healthcare.

Synopsis

Laborie Medical Technologies, a firm that manufactures medical testing equipment, agreed to acquire GI Supply, a provider of specialty endoscopy and paracentesis products, from Signet Healthcare, a private equity firm. Financial terms were not disclosed. “We’ve had the opportunity to work closely with the GI Supply team for two years and are delighted to welcome them into the Laborie family. We look forward to working together in our mission to deliver innovative technologies that help preserve and restore human dignity. Gastroenterology will continue to be a core segment for Laborie and legacy GI Supply will lead our effort," Michael Frazzette, Laborie Medical Technologies President & CEO.

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