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| Acquiring Party | Langer, Inc. (Nasdaq: GAIT), a manufacturer of products targeting the orthopedic, orthotic and prosthetic markets. |
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| Transferring Party | Regal Medical Supply, LLC, supplier of contracture management (joint restriction) products and services focused on the long term care market in 22 states. |
| Sector | Medical Devices |
| Date | December 18, 2006 |
| Analysis Regal offers custom orthotic products into various long term care settings, plus the potential to create multi-location distribution systems, diversification priorities for Langer. Deal value $1.6m on sales of about $2.4m. | |
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. | |