M&A Deal Summary

Theragenics Acquires Galt Medical

On August 2, 2006, Theragenics acquired healthcare services company Galt Medical for 32M USD

Acquisition Highlights
  • This is Theragenics’ 1st transaction in the Healthcare Services sector.
  • This is Theragenics’ 2nd largest (disclosed) transaction.
  • This is Theragenics’ 2nd transaction in the United States.
  • This is Theragenics’ 1st transaction in Texas.

M&A Deal Summary
Date 2006-08-02
Target Galt Medical
Sector Healthcare Services
Buyer(s) Theragenics
Deal Type Add-on Acquisition
Deal Value 32M USD

Target

Galt Medical

Garland, Texas, United States
Galt Medical Corp. designs, develops, manufactures, and markets disposable medical devices for vascular access applications.

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Buyer(S) 1

Buyer

Theragenics

Buford, Georgia, United States
Category Company
Founded 1981
Sector Medical Products
DESCRIPTION

Theragenics is a medical device company serving the surgical products and prostate cancer treatment markets. Theragenics Surgical Products business manufactures and distributes wound closure, vascular access, and specialty needle products. The theragenics surgical products segment serves a number of markets and applications, including, among other areas, interventional cardiology, interventional radiology, vascular surgery, orthopedics, plastic surgery, dental surgery, urology, veterinary medicine, pain management, endoscopy, and spinal surgery. Theragenics was founded in 1981 and is based in Buford, Georgia.

DEAL STATS #
Overall 2 of 5
Sector (Healthcare Services) 1 of 2
Type (Add-on Acquisition) 2 of 4
State (Texas) 1 of 1
Country (United States) 2 of 5
Year (2006) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-26 CP Medical

Norcross, Georgia, United States

CP Medical is a manufacturer and supplier of innovative sutures, cardiac pacing cables, brachytherapy needles/sleeves/spacers, and other related medical products sold in the professional surgical and veterinary fields. CP Medical is based in Norcross, Georgia.

Buy $25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-28 NeedleTech Products

North Attleboro, Massachusetts, United States

NeedleTech Products, Inc. is a leading ISO 13485 vertically integrated Medical Device Manufacturer that incorporates needle point grinding, steel and plastic machining and fabrication, insert and injection molding, device assembly and sterile packaging.

Buy $48M
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