LABORIE Medical Technologies Acquires Clinical Innovations for $525M

December 20, 2019

LABORIE Medical Technologies, a Patricia Industries portfolio company, has completed the acquisition of Clinical Innovations from funds managed by EQT for an enterprise value of $525 million. Clinical Innovations, headquartered in Salt Lake City, Utah, is a leading provider of single-use medical devices for labor & delivery and neonatal intensive care and will form a stand-alone Maternal and Child Health global business unit within LABORIE.

Buyers
LABORIE Medical Technologies, Patricia Industries
Targets
Clinical Innovations
Sellers
EQT Mid Market US, EQT Mid Market Asia III, Funds managed by EQT
Platforms
LABORIE Medical Technologies
Industry
Medical Devices
Location
Utah, United States
Transaction Type
Addon

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