M&A Deal Summary

Ascendum Capital Acquires EndoWays

On February 8, 2021, private equity firm Ascendum Capital acquired machinery company EndoWays

Acquisition Highlights
  • This is Ascendum Capital’s 1st transaction in the Machinery sector.
  • This is Ascendum Capital’s 1st transaction in Israel.

M&A Deal Summary

Date 2021-02-08
Target EndoWays
Sector Machinery
Buyer(s) Ascendum Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

EndoWays

Or Yehuda, Israel
Endoways created the first disposable robot for the cath lab. The technology, currently in the pre-clinical stage is designed to help radiologists and interventional cardiologists navigate through blood vessels and perform complex procedures while being away from radiation in another room or even in another continent. The disposable design of the robot makes it affordable and easy to use for the physician with minimal setup time required. Endoways was formed in 2018 and is based in Or Yehuda, Israel.

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Buyer(S) 1

DESCRIPTION

Ascendum Capital is a healthcare-focused investment firm. The Firm seeks to provide growth capital to global medical device/healthcare companies for expansion or acquisitions with a particular focus on the Chinese market. Ascendum Capital is based in Hong Kong.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
Country (Israel) 1 of 1
Year (2021) 1 of 1