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Hologic completes $160M acquisition of Bolder Surgical

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HologicHologic (NSDQ:HOLX) announced today that it closed its previously announced $160 million purchase of Bolder Surgical.

Marlborough, Massachusetts-based Hologic said just last month that it agreed to a deal that would see it acquire Louisville, Colorado-based developer and manufacturer of advanced energy vessel-sealing surgical devices.

According to a news release, Hologic’s acquisition of Bolder adds laparoscopic vessel sealing, dividing and dissecting devices to its surgical portfolio. Additionally, the company said the transaction enables it to expand Bolder’s devices to OB/GYN specialists.

Through the acquisition, all of Bolder’s devices — including the CoolSeal vessel sealing suite, JustRight 3mm vessel sealer and JustRight 5mm stapler — will join Hologic’s surgical portfolio.

“The acquisition of Bolder Surgical will expand Hologic’s growing laparoscopic portfolio and underscores our commitment to women’s health,” Essex Mitchell, Hologic President for its Surgical Division, said in the release. “We will better serve our existing physician base with Bolder’s minimally invasive treatments and advanced vessel sealing technology.”

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