Dynamic Healthcare M&A Database

Acquiring Party	Natus Medical Incorporated (Nasdaq:BABY), a provider of products for hearing impairment, neurological dysfunction, and newborn care.
Transferring Party	Excel-Tech Ltd. (XLTEK) (Toronto:NRV.TO), a developer of computer-based electro diagnostic systems for neurologic and sleep disorders.
Sector	Diagnostics
Date	November 29, 2007
Analysis Broadens Natus' product offerings in neurology and advances a goal of of achieveing a $250m annual run-rate by the end of 08. Excel-Tech's products include long-term EEG patient monitoring system for the diagnosis of epilepsy, EMG systems, used in the diagnosis of neuropathies and myopathies, and intra-operative monitoring systems, used during surgical procedures in the OR. Leverages the combined direct sales channels in the U.S. and Canada, and provide new distribution for XLTEK products through the Natus international distribution organization, now operating in over 80 countries. Deal value - $63.6m, on sales $32.8m (1.94X).
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Dynamic Healthcare M&A Database - 4Q07