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NEWS BRIEF: Utah-based Merit Medical Systems Just Spent 4X Revenue, $105 Million, to Acquire Certain Assets of EndoGastric Solutions in an All-Cash Transaction

NEWS BRIEF: Utah-based Merit Medical Systems Just Spent 4X Revenue, $105 Million, to Acquire Certain Assets of EndoGastric Solutions in an All-Cash Transaction

South Jordan, Utah-based Merit Medical Systems (NASDAQ:MMSI) has acquired certain medical device assets of Redmond, Washington-based EndoGastric Solutions for $105 million in an all-cash transaction, at 4X 2023 revenue. According to the news release announcing the asset purchase agreement, Merit has acquired the EsophyX Z+ device from EndoGastric, a
David Politis
BREAKING NEWS: Utah-based R1 RCM Receives Updated All-Cash "Take Private" Offer of ~$5.58 Billion from New Mountain Capital in a Proposed "Go It Alone" Deal

BREAKING NEWS: Utah-based R1 RCM Receives Updated All-Cash "Take Private" Offer of ~$5.58 Billion from New Mountain Capital in a Proposed "Go It Alone" Deal

As one of the largest "Revenue-Cycle-Management" players in the healthcare industry, Murray, Utah-based R1 RCM has been in acquisition talks with various private equity and investment entities since January 2022. However, in the latest twist to this ongoing saga, New York City-based New Mountain Capital has notified R1
David Politis