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New Deal


Announced

Completed

Laborie Medical Technologies completed the acquisition of Novonate.

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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Friendly

Majority

Domestic

Acquisition

Private

Medical Equipment

medical equipment

United States

Completed

neonatology

Single Bidder

Synopsis

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Laborie Medical Technologies, a diagnostic and therapeutic medical technology company, completed the acquisition of Novonate, a medical equipment company. Financial terms were not disclosed. "We designed this product to tackle an unmet need and benefit one of the most vulnerable patient populations. I'm incredibly proud of our team for their passion and dedication for pushing forward to bring LifeBubble from conception to market. Laborie's mission is well aligned with our goals of advancing the standard of care for neonates in intensive care," Eric Chehab, Novonate CEO.

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