General Electric (GE) Acquires BK Medical from Altaris for $1.45B
September 24, 2021
General Electric Company (through GE HealthCare) has acquired BK Medical from Altaris Capital Partners for a cash purchase price of $1.45 billion. The acquisition brings BK Medical's intraoperative ultrasound and surgical visualization capabilities into GE Healthcare's ultrasound portfolio, expanding GE's offering from diagnostics into surgical and therapeutic interventions.
- Buyers
- General Electric Company (GE), GE HealthCare
- Targets
- BK Medical
- Sellers
- Altaris Capital Partners, LLC
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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