Selected Transactions

SECTOR	ACQUIROR	ACQUIRED COMPANY	COMMENTS
Cardiovascular Stent Systems	Degania Silicone Ltd. (Israel) a leading OEM manufacturer of specialized stent delivery cardiovascular catheters	Arthesys, S.A. (France) a leading OEM manufacturer of silicone-based catheters and other devices. The Walden Group was retained by Degania to conduct a strategic acquisition search, identified Arthesys, and helped arrange for the transaction.	Walden was retained by Israel-based Degania to identify synergistic companies to complement its silicone-based medical device disposable business. Walden identified and effected the transaction with Arthesys, which provided specialized cardiovascular technologies using high-end thermoplastic implantable materials.
Ophthalmic Instruments	The Cortec Group a private equity firm	Katena Products Inc. a leading manufacturer of ophthalmic surgical instruments	The owners of Katena retained Walden to find a worthy home for its leading ophthalmic instrument lines. As part of a disciplined process conducted by Walden, Cortec emerged as the best fit.
Pain Management	KPI Acquisition Co., LLC a corporate acquisition company	Koalaty Products, Inc. a provider of electronic products for pain management and rehabilitation	Walden represented Koalaty Products in this sale transaction. Walden was later called upon by the acquiror to represent it in reselling the business.
Incontinence	Paul Hartmann AG (Germany) a producer of wound management, incontinence management and operating room risk prevention products	Whitestone Corp. a manufacturer of incontinence management products for long-term and homecare markets
Orthotics	The Orthotics Group (Ontario Canada) an affiliate of PNC Equity Partners	The Orthotics Division of Langer, Inc. (NasdaqGM:GAIT) a maker of custom foot orthotics
Diagnostics	An Investor Group	Bi-Op Laboratories, Inc. an orthotic insole manufacturer and clinic based in Canada and a subsidiary of Langer, Inc.
Infection Control Products	Aspen Surgical Products, Inc. a leading manufacturer of disposable medical products for surgical applications and a portfolio company of RoundTable Healthcare Partners	Colby Manufacturing Corp. a manufacturer of disposable infection control products for OR environments
Laparoscopic Access Devices	Teleflex Incorporated (NYSE) a large diversified manufacturer, with a substantial medical division	Taut, Inc. a manufacturer of ground-breaking laparoscopic access ports and other minimally invasive products
Medical Services	Blue Cross of Northeast Pennsylvania a provider of managed care and medical management services	Health Resources Corporation a leading provider of outsourced occupational health services
Respiratory	S&T Medical Technologies, Inc. a newly formed entrepreneurial company.	B&B Medical Technologies, Inc. a producer of proprietary, critical care respiratory products
Utilization/Disease Management	The Pennsylvania Medical Society's KePRO subsidiary a utilization and case management firm specializing in managing cancer care	ITA Partners a leading provider of disease management services for cancer care
Pain Infusion Pumps	Moog Inc. (NYSE) a manufacturer of precision control components serving military, commercial aircraft, aerospace, industrial and medical equipment sectors	Curlin Medical LLC a maker of "smart" ambulatory infusion pumps for pain management and other applications. The Walden Group was retained by Moog to conduct an acquisition search, identified Curlin as a strategic fit for Moog, and originated this $75 million transaction.
Orthopedics	Trulife Group (Ireland) a manufacturer of orthopedic, breast care, prosthetic and consumer products	Seattle Systems, Inc. a manufacturer of orthotics, prosthetics and orthopedic products
OR / ER Products	CAS Medical Systems, Inc. a manufacturer of high-quality blood pressure measurement devices, vital signs monitors, apnea monitors and neonatal supplies	Statcorp, Inc. a manufacturer of specialized disposable and reusable products for operating room, emergency room and trauma call points
Surgical Instruments	Alimed, Inc. a leading manufacturer and direct marketer of rehab, orthotic, orthopedic and ergonomic products	Arista Surgical Supply Co. a long-established direct marketer of surgical instruments and physician supplies
DME/HME Products	Invacare Corporation (NYSE) one of the largest worldwide producers of long-term care and home care equipment and supplies	Champion Manufacturing Corporation a leading producer of medical grade seating for dialysis, chemotherapy and other applications,
Aesthetics, Cancer	PMT Corporation, a medical device manufacturer specializing in neurosurgery, plastic surgery and orthopedic products	Permark, Incorporated an maker of aesthetic products for cancer patients
Medical Device Packaging	J Pac LLC, a New Hampshire based medical contract manufacturer	Doyen Medipharm a U.S. and U.K. based manufacturer of medical manufacturing and packaging machinery
Neurosurgery	Integra LifeSciences Holding Corporation (Nasdaq) a public company with focuses on neurosurgery and tissue regeneration products, as well as specialized and general surgical instrument lines	The MAYFIELD Cranial Stabilization System and the BUDDE? Halo Retractor System of Schaerer Mayfield USA, Inc.
Patient Mentoring	A major cardiovascular medical device manufacturer	The Ambulatory Blood Pressure Monitoring Equipment Line of Biotrac, Inc.