M&A Deal Summary

PRI Medical Technologies Acquires PhotoMedex - Surgical Services Division

On August 5, 2008, PRI Medical Technologies acquired medical products company PhotoMedex - Surgical Services Division from FC Global Realty for 4M USD

Acquisition Highlights
  • This is PRI Medical Technologies’ 1st transaction in the Medical Products sector.
  • This is PRI Medical Technologies’ largest (disclosed) transaction.
  • This is PRI Medical Technologies’ 1st transaction in the United States.

M&A Deal Summary

Date 2008-08-05
Target PhotoMedex - Surgical Services Division
Sector Medical Products
Buyer(s) PRI Medical Technologies
Sellers(s) FC Global Realty
Deal Type Divestiture
Deal Value 4M USD

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Buyer(S) 1

Buyer

PRI Medical Technologies

Sun Valley, California, United States

Category Company
Founded 1991
Sector Medical Products
Employees97
DESCRIPTION

PRI Medical Technologies, Inc. is a provider o mobile laser and surgical equipment on a per procedure basis to hospitals, out-patient surgery centers, and physicians' offices.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

FC Global Realty

Willow Grove, Pennsylvania, United States

website


Category Company
Founded 1980
Sector Real Estate
Employees179
Revenue 38M USD (2016)
DESCRIPTION

FC Global Realty focused on real estate development and asset management, concentrating primarily on investments in and the management and development of income-producing real estate assets. FC Global’s objective is to generate current income and long-term net asset value growth using institutional best practices in evaluating its investments. FC Global Realty was founded in 1980 and is headquartered in Willow Grove, Pennsylvania.


DEAL STATS #
Overall 1 of 4
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 4
Country (United States) 1 of 4
Year (2008) 1 of 1
Size (of disclosed) 4 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-27 Photo Therapeutics

Altrincham, United Kingdom

Photo Therapeutics Ltd. is a developer and provider of non-laser light devices and associated skin care products for the treatment of a range of clinical and aesthetic dermatological conditions including acne, photodamage, skin rejuvenation, psoriasis, post-surgery wound healing and non-melanoma skin cancer.

Buy $20M