M&A Deal Summary

Respironics Acquires Novametrix Medical Systems

On April 1, 2002, Respironics acquired healthcare services company Novametrix Medical Systems for 91M USD

Acquisition Highlights
  • This is Respironics’ 1st transaction in the Healthcare Services sector.
  • This is Respironics’ largest (disclosed) transaction.
  • This is Respironics’ 1st transaction in the United States.
  • This is Respironics’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2002-04-01
Target Novametrix Medical Systems
Sector Healthcare Services
Buyer(s) Respironics
Deal Type Add-on Acquisition
Deal Value 91M USD
Advisor(s) Edge Healthcare Partners LLC (Financial)

Target

Novametrix Medical Systems

Wallingford, Connecticut, United States
Respironics Novametrix, LLC provides non-invasive cardiopulmonary monitors and sensors, developmental care products, and services to the critical care marketplace.

Search 200,500 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

Respironics

Murrysville, Pennsylvania, United States

Category Company
Founded 1976
Sector Medical Products
Employees4,900
DESCRIPTION

Respironics is a provider in the treatment of Obstructive Sleep Apnea (OSA), a sleep disorder characterized by the repeated cessation of breathing during sleep. It is estimated that in the United States alone there are 18 – 20 million sufferers of moderate or severe OSA of which only 15 – 20% have been diagnosed. Research in recent years has shown a link between OSA, heart disease, stroke and diabetes. Additionally, the company has a leading position in noninvasive ventilation and has recently introduced new home oxygen technologies to serve the needs of respiratory impaired patients in the home. The remainder of the Company’s business is focused on the hospital channel and includes noninvasive and invasive ventilation, respiratory monitoring, neonatal products and respiratory drug delivery technologies for the treatment of respiratory diseases.


DEAL STATS #
Overall 1 of 4
Sector (Healthcare Services) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Connecticut) 1 of 1
Country (United States) 1 of 4
Year (2002) 1 of 1
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-04 Mini-Mitter Company

Bend, Oregon, United States

Mini-Mitter develops and markets a range of physiologic monitoring products, including devices that measure sleep-wake activity, dermal and core body temperature, heart rate, and energy expenditure.

Buy $11M