M&A Deal Summary

Trinity Medical Devices Acquires CAS Medical Systmes - Neonatal Product Line

On March 29, 2016, Trinity Medical Devices acquired medical products company CAS Medical Systmes - Neonatal Product Line from CAS Medical Systems for 3M USD

Acquisition Highlights
  • This is Trinity Medical Devices’ 1st transaction in the Medical Products sector.
  • This is Trinity Medical Devices’ largest (disclosed) transaction.
  • This is Trinity Medical Devices’ 1st transaction in the United States.

M&A Deal Summary

Date 2016-03-29
Target CAS Medical Systmes - Neonatal Product Line
Sector Medical Products
Buyer(s) Trinity Medical Devices
Sellers(s) CAS Medical Systems
Deal Type Divestiture
Deal Value 3M USD

Target

CAS Medical Systmes - Neonatal Product Line

United States
CAS Medical Systmes - Neonatal Product Line includes Klear-Trace® electrodes and NEOGUARD® disposable temperature probes, reflectors, and arm boards.

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Buyer(S) 1

Buyer

Trinity Medical Devices

Parsippany, New Jersey, United States

Category Company
Sector Medical Products
DESCRIPTION

Trinity Medical Devices, Inc. is a designer of developer of medical devices for healthcare industry.


DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

CAS Medical Systems

Branford, Connecticut, United States

Category Company
Founded 1984
Sector Medical Products
Employees76
Revenue 18M USD (2017)
DESCRIPTION

CAS Medical Systems, Inc. is a designer, manufacturer, and marketer of FORE-SIGHT Tissue Oximetry., CAS Medical Systems was founded in 1984 and is based in Branford, Connecticut.


DEAL STATS #
Overall 1 of 3
Sector (Medical Products) 1 of 3
Type (Divestiture) 1 of 3
Country (United States) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-26 CAS Medical Systmes - Non-invasive Blood Pressure Monitoring Product

Branford, Connecticut, United States

CAS Medical Systmes, Inc. - Non-invasive Blood Pressure Monitoring Product includes MAXNIBP® and MAXIQ™ technology, which are supplied by CASMED through OEM agreements to various companies throughout the world.

Sell $5M