CONMED Acquires SurgiQuest for $265,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c39d404-9092-475f-9d38-8cab6dbfe4a3
Date
11/17/2015
Company Name
SurgiQuest
Mailing Address
333 Quarry Road Milford, CT 06460 USA
Company Description
SurgiQuest, Inc. was incorporated in 2006 with the goal of removing current technological barriers for minimally invasive surgery. Our focus is the current and emerging trends in bariatric, colo-rectal, general, gynecological and urologic surgery.
Website
http://www.surgiquest.com
Transaction Type
M&A
Transaction Amount
$265,000,000
Transaction Round
Proceeds Purposes
M&A Terms
CONMED Corporation (NASDAQ: CNMD) today announced a definitive agreement to acquire privately-held SurgiQuest, Inc. (SurgiQuest) for $265 million on a cash-free, debt-free basis.