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New Deal


Announced

Completed

Medtronic completed an $75m investment in CathWorks.

Financials

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Transaction Value£63m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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coronary artery disease

Israel

Medical Services

Cross Border

Single Bidder

Minority

Friendly

Completed

Acquisition

Private

Synopsis

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Medtronic, a medical device company, completed an $75m investment in CathWorks, a medical technology company. "Data and AI-enabled technologies have been shown to drive improved workflow and patient outcomes across the healthcare ecosystem. In cardiology specifically, these new advances in technology provide clinicians with the opportunity to gain additional information to improve and evolve the diagnosis and treatment of patients with CAD. We are excited to partner with CathWorks to offer the FFRangio system to our customers. We believe strongly in the potential of the technology and are committed to strengthening our relationship with CathWorks to provide new, innovative technologies and solutions from diagnosis to treatment," Jason Weidman, Medtronic Senior vice president.

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