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New Deal


Announced

Completed

Boston Scientific completed the acquisition of Relievant Medsystems for $850m.

Financials

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Transaction Value£686m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Medical device manufacturer

Medical Equipment

Acquisition

Domestic

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

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Boston Scientific, a biomedical/biotechnology engineering firm, completed the acquisition of Relievant Medsystems, a medical technology company, for $850m. "The revolutionary therapy from Relievant has tremendous potential to help even more people living with chronic pain. The completion of this acquisition further differentiates our position in advanced interventional chronic pain, offering physicians the broadest selection of evidence-based treatment options that address multiple pain targets and change patients' lives," Jim Cassidy, Boston Scientific, President of Neuromodulation.

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