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| Acquiring Party | NeuroTherm, Inc., a portfolio company of Cortec Group, a private equity firm. |
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| Transferring Party | Cotop International, a European distributor of radiofrequency (“RF”) generators and related consumables used to treat chronic pain. |
| Sector | Medical Devices |
| Date | September 21, 2007 |
| Analysis Strengthens NeuroTherm in the radiofrequency pain management field, as an add-on acquisition. Neurotherm is the leading provider of RF generators and consumables in the United States and the UK and Cotop is the leader in continental Europe. The RF products are used to perform a minimally invasive surgical procedure utilizing RF energy to ablate (i.e., burn) the nerve endings that are the cause of chronic pain. Terms not disclosed. | |
The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones. This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc. The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason. | |