Add-on Acquisition • Medical Products

Sightpath Medical Acquires PennVista

On May 30, 2024, Sightpath Medical acquired medical products company PennVista

Acquisition Context
  • This is Sightpath Medical’s 2nd transaction in the Medical Products sector.
  • This is Sightpath Medical’s 2nd transaction in the United States.
  • This is Sightpath Medical’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date May 30, 2024
Target PennVista
Sector Medical Products
Buyer(s) Sightpath Medical
Deal Type Add-on Acquisition

Target Company

PennVista

Bridgeville, Pennsylvania, United States
PennVista is a LASIK services business providing advanced equipment and dedicated technicians to surgery centers and hospitals in Pennsylvania, Ohio, West Virginia, Indiana, and Michigan.
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Buyer Overview 1

Buyer

Sightpath Medical

Bloomington, Minnesota, United States

Category Company
Founded 1991
Sector Medical Products
DESCRIPTION

Sightpath Medical is a provider of mobile ophthalmic services for cataract, refractive and laser-assisted surgery. Sightpath Medical was founded in 1991 and is based in Bloomington, Minnesota.


Deal Context for Buyer #
Overall 2 of 2
Sector: Medical Products 2 of 2
Type: Add-on Acquisition 2 of 2
State: Pennsylvania 1 of 1
Country: United States 2 of 2
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-21 Accusite Surgical

Gainesville, Georgia, United States

Accusite Surgical is a mobile cataract surgical company that outsources state-of-the-art equipment, technology, and certified staff to surgeons, ambulatory surgical centers, and hospitals. Accusite Surgical is based in Gainesville, Georgia.

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