M&A Deal Summary

Merit Medical Acquires Biosearch Medical Products - Medical Device Products

On February 19, 2009, Merit Medical acquired medical products company Biosearch Medical Products - Medical Device Products from Biosearch Medical Products for 2M USD

Acquisition Highlights
  • This is Merit Medical’s 2nd transaction in the Medical Products sector.
  • This is Merit Medical’s 14th largest (disclosed) transaction.
  • This is Merit Medical’s 2nd transaction in the United States.

M&A Deal Summary

Date 2009-02-19
Target Biosearch Medical Products - Medical Device Products
Sector Medical Products
Buyer(s) Merit Medical
Sellers(s) Biosearch Medical Products
Deal Type Divestiture
Deal Value 2M USD

Target

Biosearch Medical Products - Medical Device Products

United States
Biosearch Medical Products - Medical Device products., These products go hand-in-hand with the strategy of building a strong product offering in the gastroenterology market.

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Buyer(S) 1

Buyer

Merit Medical

South Jordan, Utah, United States

Category Company
Founded 1987
Sector Medical Products
Employees6,950
Revenue 1.3B USD (2023)
DESCRIPTION

Merit Medical is engaged in development, manufacture and distribution of proprietary disposable medical devices used in interventional and diagnostic procedures, particularly in cardiology, radiology and endoscopy. Merit Medical was founded in 1987 and is based in South Jordan, Utah.


DEAL STATS #
Overall 2 of 19
Sector (Medical Products) 2 of 17
Type (Divestiture) 1 of 11
Country (United States) 2 of 19
Year (2009) 2 of 3
Size (of disclosed) 14 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-19 Alveolus

Charlotte, North Carolina, United States

Alveolus is a provider of non-vascular interventional stents used for esophageal, tracheobronchial, and biliary stenting procedures. Alveolus is based in Charlotte, North Carolina.

Buy $19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-03 Hatch Medical - EN Snare Product

United States

The EN Snare(r) device is used by physicians for retrieval and removal of stents, vena cava filters and embolic coils as well as the manipulation of AAA stent grafts and guidewire "pull-throughs."

Buy $21M

Seller(S) 1

SELLER

Biosearch Medical Products

Somerville, New Jersey, United States

Category Company
Founded 1975
Sector Medical Products
Employees23
DESCRIPTION

Biosearch® Medical Products Inc. "The Medical Innovator" is a subsidiary of Hydromer Inc. and creators of hand held electronic devices and anorectal probes which are vital components used in Anorectal Biofeedback Training and Therapy for Fecal Incontinence, Kegel Exercises and Chronic Constipation. The Biosearch Anorectal Biofeedback Monitor 5 and Monitor 10 System Kits (Perineometers and Anorectal Probes) are excellent tools for instructing patients on the correct method of performing perineal strengthening exercises (Monitor 5) and used in the training of patients troubled with Fecal Constipation also referred as non-relaxing puborectalis syndrome (Monitor 10).


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
Size (of disclosed) 1 of 1