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Announced

Completed

Merit Medical completed the acquisition of Surfacer Inside-Out Access Catheter System from Bluegrass Vascular Technologies for $32.5m.

Financials

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Transaction Value£26m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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venous access

United States

Medical Equipment

Majority

Acquisition

Private

Friendly

Single Bidder

Domestic

Completed

Synopsis

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Merit Medical, a manufacturer and marketer of healthcare technology, completed the acquisition of Surfacer Inside-Out Access Catheter System, a technology used to to obtain right-sided central venous access in patients with venous obstructions, from Bluegrass Vascular Technologies, a medical equipment manufacturer, for $32.5m. “We are selectively investing to expand our product portfolio in key strategic markets that leverage our existing commercial footprint. These acquisitions strengthen our position in the dialysis and biopsy markets, and expand the foundation of our growing specialty dialysis device offering, which includes WRAPSODY™ Cell-Impermeable Endoprosthesis, HeRO® Graft, and the Surfacer System devices. Many dialysis patients rely on these solutions to receive vital therapies. Combining this broad portfolio of interventional solutions within Merit will allow us to leverage our physician relationships and commercial infrastructure to serve more patients in the multi-billion dialysis market,” Fred P. Lampropoulos, Merit Medical Chairman and Chief Executive Officer.

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