Tech Company M&A Transactions
Sound Surgical Technologies Acquisition
On 1/31/2013, Sound Surgical Technologies was acquired by Solta Medical. Solta Medical said the transaction price was $40 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/31/2013
Transaction Type
M&A
Amount
$40,000,000
M&A Terms
Under the terms of the agreement, Solta will acquire Sound Surgical for $25.5 million in common stock and $5.0 million in cash. In addition to the payments due at closing, Sound Surgical unit holders are entitled to receive up to $9.5 million of contingent payments that would be paid in Solta common stock based on revenue from Sound Surgical products in 2013.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
357 McCaslin Blvd 100
Louisville, CO 80027
USA
Louisville, CO 80027
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Sound Surgical Technologies designs, develops, manufactures and distributes market leading surgical and non-invasive body shaping products that are backed by strong science and clinical efficacy, including the VASER Lipo, VASER Shape, PowerX, TouchView, Origins and VASERsmooth product lines.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Goldberger
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Where The Data Comes From
We record funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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