M&A Deal Summary

Merit Medical Acquires Thomas Medical Products

On December 20, 2012, Merit Medical acquired medical products company Thomas Medical Products from GE Healthcare for 167M USD

Acquisition Highlights
  • This is Merit Medical’s 6th transaction in the Medical Products sector.
  • This is Merit Medical’s largest (disclosed) transaction.
  • This is Merit Medical’s 7th transaction in the United States.
  • This is Merit Medical’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2012-12-20
Target Thomas Medical Products
Sector Medical Products
Buyer(s) Merit Medical
Sellers(s) GE Healthcare
Deal Type Divestiture
Deal Value 167M USD

Target

Thomas Medical Products

Malvern, Pennsylvania, United States
Thomas Medical Products, Inc. is a manufacturer and marketer of medical products for cardiology.

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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 7 of 16
Sector (Medical Products) 6 of 14
Type (Divestiture) 3 of 10
State (Pennsylvania) 1 of 1
Country (United States) 7 of 16
Year (2012) 3 of 3
Size (of disclosed) 1 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-29 Medigroup

Oswego, Illinois, United States

Medigroup, Inc., is a manufacturer of peritoneal dialysis catheters.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-07 Datascope - Pressure-Assisted Hemostatic Devices

United States

Datascope - Pressure-Assisted Hemostatic Devices the SAFEGUARD® Pressure Assisted Device, which assists in obtaining and maintaining hemostasis after a femoral procedure, and the AIR-BAND™ Radial Compression Device, which is indicated to assist hemostasis of the radial artery puncture site while maintaining visibility.

Buy -

Seller(S) 1

SELLER

GE Healthcare

Westborough, Massachusetts, United States

Category Company
Founded 1994
Sector Medical Products
DESCRIPTION

GE Healthcare, a unit of General Electric Company is a provider of medical technologies and services. GE Healthcare has expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, life sciences, drug discovery, and biopharmaceutical manufacturing technologies. GE Healthcare is based in Westborough, Massachusetts.


DEAL STATS #
Overall 1 of 11
Sector (Medical Products) 1 of 5
Type (Divestiture) 1 of 11
State (Pennsylvania) 1 of 2
Country (United States) 1 of 10
Year (2012) 1 of 1
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-09 U-Systems

Sunnyvale, California, United States

U-Systems, Inc. is in automated breast ultrasound, U-Systems is establishing the standard for breast ultrasound screening.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-04 Meridian Medical Management

Windsor, Connecticut, United States

Meridian Medical Management is a provider of healthcare analytics services, outsourced revenue cycle management, electronic medical records, and IT programming to multi-specialty physician groups using the GE Centricity platform. Meridian Medical Management was formed in 2002 and is based in Windsor, Connecticut.

Sell -