Tech Company M&A Transactions
Entrigue Surgical Acquisition
Entrigue Surgical, based in San Antonio, was bought by ArthroCare. The transaction price was $45 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/3/2013
Transaction Type
M&A
Amount
$45,000,000
M&A Terms
Pursuant to a Merger Agreement, ArthroCare paid $45 million in cash, subject to customary working capital adjustments and an amount held in escrow for indemnification. In addition, the previous shareholders of ENTrigue will have the right to receive contingent consideration on each anniversary of the closing for each of the next five years based on the increase in net sales during each twelve-month period of ENTrigue products multiplied by an agreed upon factor.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
12672 Silicon Drive 150
San Antonio, TX 78249
USA
San Antonio, TX 78249
USA
Phone
Website
Email Address
Overview
Entrigue Surgical is revolutionizing otolaryngology through Access, Biologics and Biomaterials. Our mission is to improve patient outcome through procedure-specific solutions utilizing the latest in ground-breaking technologies.
Management Team
Title
Name
Email & Social
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