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Patricia Industries-backed Laborie Medical Technologies completed the investment in iO Urology.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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monitoring system for urology

United States

urologic conditions diagnostic device provider

Private

digital health platform

Medical Equipment

Domestic

Minority

Completed

Friendly

Single Bidder

Acquisition

Private Equity

Synopsis

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Patricia Industries-backed Laborie Medical Technologies, a global medical technology company, completed the investment in iO Urology, a venture-backed medical technology company. Financial terms were not disclosed. “At Laborie, we strongly believe in the value of patient education as a pathway to support the restoration of patient dignity. The team at iO Urology developed a state-of-the-art device with a dynamic patient ecosystem that empowers patient engagement as a superior standard of care. Our missions are closely aligned, making this a natural investment to continue accelerating Laborie’s position and expertise in the advanced diagnostics market,” Tim Panciera, Laborie Urology Business Unit Vice President and General Manager.

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