M&A Deal Summary

Elevate Healthcare Acquires Medical Education Technologies

On August 24, 2011, Elevate Healthcare acquired medical products company Medical Education Technologies from Baird Capital for 130M USD

Acquisition Highlights
  • This is Elevate Healthcare’s 1st transaction in the Medical Products sector.
  • This is Elevate Healthcare’s largest (disclosed) transaction.
  • This is Elevate Healthcare’s 1st transaction in the United States.
  • This is Elevate Healthcare’s 1st transaction in Florida.

M&A Deal Summary
Date 2011-08-24
Target Medical Education Technologies
Sector Medical Products
Buyer(s) Elevate Healthcare
Sellers(s) Baird Capital
Deal Type Add-on Acquisition
Deal Value 130M USD

Target

Medical Education Technologies

Sarasota, Florida, United States
Medical Education Technologies, Inc. is an interactive human patient simulation. More than 2000 organizations worldwide utilize METI’s technology including leading medical schools such as the Mayo Clinic, Harvard, Cornell, Stanford and others.

Search 198,774 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Elevate Healthcare

Sarasota, Florida, United States
Category Company
Founded 2009
Sector Healthcare Services
DESCRIPTION

Elevate Healthcare is a medical simulation company with a mission to improve healthcare education and patient safety. It designs and builds products for patient simulation, surgical simulation, ultrasound simulation, and clinical simulation management. Elevate Healthcare was founded in 2009 and is based in Sarasota, Florida.

DEAL STATS #
Overall 2 of 2
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2011) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-31 Haptica

Dublin, Ireland

Haptica Ltd. is a provider of custom simulators for training surgeons in minimally invasive surgical techniques and procedures.

Buy -

Seller(S) 1

SELLER

Baird Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 3.1B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Baird Capital Partners (BCP) is the US private equity arm of Baird Private Equity. BCP makes investments in middle-market companies based in the US. BCP targets companies valued between $25 and $125 million and looks to invest between $15 and $35 million of equity per transaction. BCP focuses on three primary areas including business services (transaction processing, process outsourcing, professional services), healthcare (outsourcing services, medical products, contract manufacturing), and manufactured products (industrial/commercial, specialty consumer, distribution). BCP is affiliated with Baird Capital Partners Europe, Baird Capital Partners Asia, Baird Venture Partners, and Granville Baird Capital Partners. Baird Capital Partners is based in Chicago, Illinois.

DEAL STATS #
Overall 22 of 50
Sector (Medical Products) 1 of 3
Type (Add-on Acquisition) 15 of 31
State (Florida) 2 of 2
Country (United States) 22 of 44
Year (2011) 2 of 3
Size (of disclosed) 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 Justrite

Des Plaines, Illinois, United States

Justrite is a manufacturer of safety products that are designed to help companies prevent catastrophic events caused by fire or spillage of hazardous materials. Justrite was founded in 1906 and is headquartered in Des Plaines, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-01 Campbell Alliance Group

Raleigh, North Carolina, United States

Campbell Alliance Group, Inc. is a specialized management consulting firm serving the pharmaceutical and biotech industries from its locations in Raleigh, N.C., Parsippany, N.J., Los Angeles, San Francisco, Chicago, Boston and New York City.

Sell -
Mergr

Product

Company

Legal