Hillrom (NYSE:HRC) said today that it inked a deal to sell its surgical consumables business to private equity shop Audax for $170 million in cash. Chicago-based Hillrom, fresh from a May rebranding, said the lines being sold to Audax include its Bard-Parker scalpels and blades and other operating room accessories. The surgical consumable unit’s 500 […]
Audax begins recapitalization of Belmont Instruments
Private equity player Audax Group has begun its recapitalization efforts with fluid warming infusion systems provider Belmont Instruments, according to a press release from financial advisor Mirus Capital Advisors. Billerica, Mass.-based Belmont produces rapid infusion systems designed to treat critically injured patients with material blood loss, according to Audax. “Belmont is a best-in-class provider of life-sustaining fluid warming […]
Audax Group to partner with, recapitalize Belmont Instruments
Private equity player Audax Group said yesterday it is looking to recapitalize fluid warming infusion systems provider Belmont Instruments, but did not say how much money it will invest in the company. Billerica, Mass.-based Belmont produces rapid infusion systems designed to treat critically injured patients with material blood loss, according to Audax. “Belmont is a best-in-class provider […]
Audax deals Laborie Medical to Patricia Industries
Private equity player Audax Group said today it sold Laborie Medical Technologies to Investor AB subsidiary Patricia Industries for an undisclosed amount. Toronto-based Laborie Medical Tech develops and manufactures urological, pelvic health and gastrointestinal medical devices used for diagnosis and treatment of urinary incontinence and other urological and GI conditions, Audax Medical said. Laborie acquired the pelvic muscle […]
Laborie Medical buys UroMed’s pelvic rehab biz
Laborie Medical Technologies said it acquired the pelvic muscle rehabilitation business of UroMed Technology for an undisclosed amount.
Toronto-based Laborie, which is owned by private equity company Audax Group, said the UroMed business expands its offering in the pelvic muscle rehab and conservative therapy space.
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