M&A Deal Summary

Ra Medical Acquires Catheter Precision

On September 12, 2022, Ra Medical acquired medical products company Catheter Precision

Acquisition Highlights
  • This is Ra Medical’s 1st transaction in the Medical Products sector.
  • This is Ra Medical’s 1st transaction in the United States.
  • This is Ra Medical’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2022-09-12
Target Catheter Precision
Sector Medical Products
Buyer(s) Ra Medical
Deal Type Add-on Acquisition

Target

Catheter Precision

Mt. Olive, New Jersey, United States
Catheter Precision is a medical device company focused on one of healthcare’s largest multi-billion dollar markets Cardiac Electrophysiology. Catheter Precision has developed two cost-effective, user-friendly, and advanced technologies to improve the treatment of cardiac arrhythmias. Catheter Precision was founded in 2016 and is based in Mt. Olive, New Jersey.

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Buyer(S) 1

Buyer

Ra Medical

Carlsbad, California, United States

Category Company
Founded 2002
Sector Medical Products
Employees86
Revenue 4M USD (2020)
DESCRIPTION

Ra Medical design, develop, and commercialize excimer lasers as tools for the treatment of vascular and dermatological diseases. Ra Medical was incorporated in 2002 and is headquartered in Carlsbad, California.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-16 Ra Medical - Pharos Dermatology Business

Carlsbad, California, United States

Ra Medical’s Pharos Dermatology Business is FDA-cleared and used as a tool in the treatment of chronic skin diseases, including psoriasis, vitiligo, atopic dermatitis, and leukoderma.

Sell $4M