Divestiture • Medical Products

US Endoscopy Acquires Bracco Diagnostics - Gastroenterology Business Unit

On December 17, 2015, US Endoscopy acquired medical products company Bracco Diagnostics - Gastroenterology Business Unit from Bracco Diagnostics

Acquisition Context
  • This is US Endoscopy’s 1st transaction in the Medical Products sector.
  • This is US Endoscopy’s 1st transaction in the United States.
  • This is US Endoscopy’s 1st transaction in New Jersey.

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M&A Deal Summary

Date December 17, 2015
Target Bracco Diagnostics - Gastroenterology Business Unit
Sector Medical Products
Buyer(s) US Endoscopy
Sellers(s) Bracco Diagnostics
Deal Type Divestiture

Target Company

Bracco Diagnostics - Gastroenterology Business Unit

Princeton, New Jersey, United States
Bracco Diagnostics, Inc. - Gastroenterology Business Unit (GBU) is a provider of CO2 insufflation systems, devices for biopsy collection and various accessories that improve the workflow and patient experience during an endoscopy procedure.
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Buyer Overview 1

Buyer

US Endoscopy

Mentor,, Ohio, United States

Category Company
Founded 1991
Sector Medical Products
DESCRIPTION

US Endoscopy is a endoscopy device design and manufacturing, serving the U.S. and international gastrointestinal endoscopy markets. By listening and delivering solutions in the field of endoscopy, US Endoscopy's unique lines of proprietary devices provide better, more enhanced product options for GI clinicians.


Deal Context for Buyer #
Overall 1 of 2
Sector: Medical Products 1 of 2
Type: Divestiture 1 of 1
State: New Jersey 1 of 1
Country: United States 1 of 2
Year: 2015 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-07 Genii

St. Paul, Minnesota, United States

Genii, Inc. is a medical device manufacturer specializing in electrosurgery products and accessories used in GI endoscopy procedures. Genii’s current products include a state-of-the-art electrosurgery generator unit (ESU) and an array of complementary disposable accessories. Genii, Inc. was founded in 2007 and is based in St. Paul, Minnesota.

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Seller Profile 1

SELLER

Bracco Diagnostics

Princeton, New Jersey, United States

Category Company
Founded 1994
Sector Medical Products
DESCRIPTION

Bracco Diagnostics, Inc. is a developer and marketer of imaging agents for use in X-ray/computed tomography, nuclear medicine, and magnetic resonance imaging.


Deal Context for Seller #
Overall 2 of 2
Sector: Medical Products 2 of 2
Type: Divestiture 2 of 2
State: New Jersey 1 of 1
Country: United States 2 of 2
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-02 Bracco - Healthcare Protective Products Division

United States

Bracco - Healthcare Protective Products Division includes the RSDL® (decontamination lotion) product that is cleared for marketing by the U.S. Food and Drug Administration (FDA) for removal or neutralization of chemical warfare agents from the skin, diversifies and broadens Emergent’s biodefense franchise into the chemical countermeasure market

Sell $26M