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Altaris Capital Partners buys the rest of HealthTronics from Endo for $85mm up front

Executive Summary

Health care investment firm Altaris Capital Partners acquired Endo Health Solutions Inc.’s HealthTronics Inc. (urological, renal, and cancer products) for $85mm up front in cash, way below the $221mm Endo paid for HealthTronics in May 2010. Altaris could also spend $45mm in earn-outs tied to HealthTronics’ future operating performance, plus an additional $10mm should Altaris sell all or a portion of HealthTronics’ IT business within the first 18 months after the close of the current transaction.
Deal Industry
  • Medical Devices
    • Laser
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
  • Services
Deal Status
  • Final
Deal Type
  • Acquisition
    • Includes Contract
    • Payment Includes Cash
    • Buy-out
    • Full Acquisition
    • Includes Earnout

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