M&A Deal Summary

Tyco International Acquires InnerDyne

On October 5, 2000, Tyco International acquired medical products company InnerDyne from SightLine Partners for 180M USD

Acquisition Highlights
  • This is Tyco International’s 3rd transaction in the Medical Products sector.
  • This is Tyco International’s 12th largest (disclosed) transaction.
  • This is Tyco International’s 10th transaction in the United States.
  • This is Tyco International’s 3rd transaction in California.

M&A Deal Summary

Date 2000-10-05
Target InnerDyne
Sector Medical Products
Buyer(s) Tyco International
Sellers(s) SightLine Partners
Deal Type Add-on Acquisition
Deal Value 180M USD

Target

InnerDyne

Sunnyvale, California, United States
website
InnerDyne, Inc. designs, develops and manufactures minimally invasive surgical access products that incorporate the company's proprietary radial dilation technology, including the patented Step expandable needle system. Radial dilation provides surgical access through expansion of a very small opening using progressively larger blunt instruments.

Search 193,240 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

Tyco International

Mahon, Ireland

website


Category Company
Founded 1960
Sector Safety/Security
Employees57,000
Revenue 9.9B USD (2015)
DESCRIPTION
Tyco office in Irvine, California.
Tyco office in Irvine, California.

Tyco International Ltd. is a global provider of security products and services, fire detection and suppression products and services and life safety products. The Company's portfolio of products and services, sold under brands such as Tyco, SimplexGrinnell, Sensormatic, Wormald, Ansul, Simplex, Scott and ADT serve security, fire detection and suppression and life safety needs across commercial, industrial, retail, institutional and governmental markets. Tyco International Ltd. was established in 1960 and is headquartered in Mahon, Ireland.


DEAL STATS #
Overall 11 of 32
Sector (Medical Products) 3 of 6
Type (Add-on Acquisition) 8 of 26
State (California) 3 of 3
Country (United States) 10 of 27
Year (2000) 3 of 4
Size (of disclosed) 12 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-05 Laser Diode

Edison, New Jersey, United States

Laser Diode is a manufacturer of emitters, receivers and ruggedized modules for the fibre optic communications industry, and a range of high energy, short-pulse duration diode lasers.

Buy $27M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-11-13 Lucent Technologies Power Systems

Murray Hill, New Jersey, United States

Lucent Technologies Power Systems a supplier to the global information network. LPS provides a full line of power products, including AC/DC and DC/DC switching power supplies, batteries, power supplies and back up power systems.

Buy $2.5B

Seller(S) 1

SELLER

SightLine Partners

Bloomington, Minnesota, United States

Investor Investor Investor Investor

website


Category Growth Capital Firm
Founded 2004
Size Small
Type Sector Focused
DESCRIPTION

SightLine Partners is a private investment firm that targets early to late stage investments in growing healthcare and medical technology companies. Depending on the maturity of the company, Sightline will invest between $2 and $8 million per transaction. SightLine prefers US based opportunities. SightLine Partners LLC was formed in 2004 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 5 of 16
Sector (Medical Products) 5 of 15
Type (Add-on Acquisition) 4 of 12
State (California) 3 of 7
Country (United States) 5 of 16
Year (2000) 1 of 1
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-09-01 Exogen

Piscataway, New Jersey, United States

Exogen, Inc. provides medical technologies focused on the biophysical treatment of musculoskeletal injury and disease.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-08 FoxHollow Technologies

Redwood City, California, United States

FoxHollow Technologies, Inc. is a designer and manufacturer of medical devices primarily for the treatment of peripheral artery disease.

Sell -