Add-on Acquisition • Medical Products

Endocare Acquires Timm Medical Technologies

On January 13, 2006, Endocare acquired medical products company Timm Medical Technologies for 39M USD

Acquisition Context
  • This is Endocare’s 1st transaction in the Medical Products sector.
  • This is Endocare’s largest (disclosed) transaction.
  • This is Endocare’s 1st transaction in the United States.
  • This is Endocare’s 1st transaction in Minnesota.
Investment Fate
  • Timm Medical Technologies was divested to a consortium of strategic buyers in 2011.

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M&A Deal Summary

Date January 13, 2006
Target Timm Medical Technologies
Sector Medical Products
Buyer(s) Endocare
Deal Type Add-on Acquisition
Deal Value 39M USD

Target Company

Timm Medical Technologies

Eden Prairie, Minnesota, United States
Timm Medical Technologies, Inc. is a provider of products for the treatment of erectile dysfunction in the United States and internationally.
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Buyer Overview 1

Buyer

Endocare

Austin, Texas, United States

Category Company
Founded 1996
Sector Medical Products
Employees120
DESCRIPTION

Endocare, Inc. is a medical device company focused on the development of urological healthcare technologies. Endocare is a provider of hardware and software solutions supporting cryoablation and microwave ablation. Endocare, Inc. was established in California in 1996 to advance cryoablation technology. Using argon gas to freeze and helium gas to thaw, Endocare eliminated many of the issues associated with previously used liquid nitrogen.


Deal Context for Buyer #
Overall 1 of 1
Sector: Medical Products 1 of 1
Type: Add-on Acquisition 1 of 1
State: Minnesota 1 of 1
Country: United States 1 of 1
Year: 2006 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-27 Timm Medical Technologies

Eden Prairie, Minnesota, United States

Timm Medical Technologies, Inc. is a provider of products for the treatment of erectile dysfunction in the United States and internationally.

Sell -