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New Deal


Announced

Completed

Ra Medical Systems completed the merger with Catheter Precision.

Financials

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Transaction Value-
Consideration TypeCash, Ordinary Shares, Asset Swap
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Friendly

United States

medical devices

Medical Equipment

Single Bidder

Acquisition

Majority

Private

Completed

Synopsis

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Ra Medical Systems, a medical device company, completed the merger with Catheter Precision, an innovative U.S.-based medical device company. Catheter Precision stakeholders are expected to own approximately 80% of the combined company, and pre-merger Ra Medical equity holders are expected to own approximately 20% of the combined company. “We have been eagerly awaiting the consummation of this merger. The field of cardiac electrophysiology presents a promising opportunity for Ra Medical and our shareholders. Teaming up with David Jenkins and his team, and Catheter Precision’s product line up based on unique electrophysiology technology brings us prospects for a bright future.” Will McGuire, Ra Medical CEO.

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