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New Deal


Announced

Ergotron to acquire Enovate Medical.

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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United States

Medical Equipment

medical workstations

electronic medical record systems

Acquisition

Domestic

Friendly

Majority

Private

Pending

Single Bidder

Synopsis

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Ergotron, digital display mounting and mobility products manufacturer, agreed to acquire Enovate Medical, fixed and mobile workstations, mobile computing power systems and integrated workstation management software developer. Financial terms were not disclosed. “We are thrilled to join forces with the Enovate Medical team. This acquisition accelerates our capabilities in the healthcare space, a key area of focus for Ergotron - and one in which we have strong roots. We’re proud to combine Ergotron and Enovate Medical teams and solutions for our customers and help drive greater productivity and performance for every stakeholder in the care equation,” Chad Severson, Ergotron CEO

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