Navigation Links
Harris Williams & Co. Advises Verathon Inc. in its Sale to Strategic Buyer Roper Industries

Harris Williams & Co. Advises Verathon Inc. in its Sale to Strategic Buyer Roper Industries

Richmond, VA (PRWEB) December 9, 2009 -- Harris Williams & Co. is pleased to announce that Verathon Inc., a portfolio company of DW Healthcare Partners and Rho Capital Partners, Inc., has been acquired by strategic buyer Roper Industries (NYSE: ROP). Harris Williams & Co. acted as the exclusive advisor to Verathon. The transaction was led by Richmond-based Turner Bredrup, James Clark and David Keys and San Francisco-based Todd Morris and Andy Dixon all of whom are from the firm's Healthcare & Life Sciences Group.

"Verathon is a wonderful company with a 25-year track record of remarkable growth. Its strong products and deep reach into the U.S. and global acute care channel makes it a world class company. A global leader like Roper represents an ideal buyer for the business," said Turner Bredrup, managing director and head of Harris Williams & Co.'s Healthcare & Life Sciences Group.

Verathon Inc. designs and manufactures reliable, state-of-the-art medical devices and services that offer a meaningful improvement in patient care to the healthcare community. The company's noninvasive BladderScan® instrument is a standard of care for portable ultrasound bladder volume measurement. BladderScan® is found in over 80 countries in Urology and Primary Care practices, as well as Acute and Extended Care facilities. Verathon's GlideScope® Video Laryngoscope (GVL®) is designed to enable rapid intubation even in the most difficult settings. The GlideScope® brand is gaining rapid acceptance in the Anesthesiology, Critical Care and Emergency markets. Headquartered in Bothell, Washington, Verathon has over 400 employees worldwide.

DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over $250 million in committed capital and invests in profitable healthcare companies with proven management teams. DW Healthcare Partners is led by seasoned healthcare executives with more than 100 years of combined industry experience. The firm provides the capital, strategic guidance and acquisition expertise to help mid to late-stage companies realize their potential for growth.

Headquartered in New York, Rho Capital Partners, Inc. is a diversified private equity firm. Rho's investment activities range across many classes of private equity investments. The firm invests in leading edge, high growth companies at multiple stages of growth spanning early, venture-stage investments to later stage, growth equity transactions. Additionally, Rho makes fund investments in a broad range of venture capital and private equity funds.

Roper Industries (NYSE:ROP) is a market-driven, diversified growth company and is a component of the Fortune 1000, S&P MidCap 400 and the Russell 1000 Indexes. Roper provides engineered products and solutions for global niche markets, including water, energy, radio frequency and research/medical applications.

Harris Williams & Co., a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is the premier middle market advisor with a two decade legacy of sell side excellence serving clients worldwide. The firm is focused exclusively on the middle market providing sell side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services. The firm's Healthcare & Life Sciences Group is dedicated to transactions in the provider, producer, and payor services sectors; facilities and alternate site healthcare services; and medical and life science products.

Merger and acquisition services are provided by Harris Williams LLC, a registered broker-dealer and member FINRA and SIPC. Harris Williams & Co. is a trade name under which Harris Williams LLC conducts its business.

For general release inquiries, please contact Marketing Director, Kimberly Baker at 804-648-0072.


Read the full story at

Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related medicine news :

1. Texas Health Harris Methodist Hospital Southlake Joins With U.S. Marine Corps Reserves Toys for Tots to Spread Holiday Cheer
2. CHI's Molecular Medicine Tri-Conference Keynote John Crowley Inspires Feature Film Starring Harrison Ford
3. Harris Corporation Demonstrates Secure Exchange of Public Health Information in Cloud Computing Environment
4. Modern Healthcare Selects Texas Health Harris Methodist Hospital Southlake as One of the Best Places to Work in Healthcare
5. The Law Firm of Kelley & Murphy of Philadelphia, Blue Bell and Harrisburg has Filed a Law Suit in the United States District Court for the Eastern District of Pennsylvania
6. Prodigy AutoCode Now Available in 116 Harris Teeter Pharmacies
7. Connectyx Launches MedFlash Electronic Personal Health Record with Harris Teeter Supermarket Chain
8. Harrison City ROCKS! Set for August 15, Music Festival to Benefit Cardiac Research at Childrens Hospital of Pittsburgh
9. Harris Joins City of Chicago in Support of Maintaining Good Health Habits
10. Hear Indiana holds 6th Annual Talk Walk Run at Fort Harrison State Park to Celebrate Deaf Children Who Listen and Speak
11. Free Health, Dental and Vision Screenings at Hamilton Health Center on May 2 Will Help Harrisburg Area Children and Adults
Post Your Comments:
(Date:11/27/2015)... ... November 27, 2015 , ... According to an article published ... Association meeting in Washington D.C. revolved around the fact that proper dental care, both ... talk stressed the link between periodontal disease (more commonly referred to as gum disease) ...
(Date:11/27/2015)... ... November 27, 2015 , ... The rapid speed at ... people age, more care is needed, especially with Alzheimer’s, dementia and other cognitive ... being overworked. The forgotten part of this equation: 80 percent of medical care ...
(Date:11/27/2015)... ... November 27, 2015 , ... "When ... said an inventor from Hillside, N.J. "Many people catch diseases simply from sitting ... individuals will always be protected from germs." , He developed the patent-pending QUDRATECS ...
(Date:11/27/2015)... ... November 27, 2015 , ... ProSidebar: Fashion is a ... X. With ProSidebar: Fasion, video editors can easily add an informative sidebar to ... title opener. Utilize presets featuring self-animating drop zones, lines, bars, and text with ...
(Date:11/27/2015)... ... November 27, 2015 , ... Intellitec ... Dynamics SL User Group (MSDSLUG). Recognized as Microsoft’s official group for end users ... Dynamics SL software users, partners, industry experts and representatives. Intellitec Solutions’ membership status ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... 2015 ) ... "2016 Future Horizons and Growth Strategies in ... Supplier Shares, Country Segment Forecasts, Competitive Intelligence, ... --> ) has announced ... Horizons and Growth Strategies in the German ...
(Date:11/26/2015)... November 26, 2015 ... addition of the  "2016 Future Horizons ... Therapeutic Drug Monitoring (TDM) Market: Supplier ... Emerging Opportunities"  report to their offering.  ... announced the addition of the  "2016 ...
(Date:11/26/2015)... 2015 Research and Markets ( ... "2016 Future Horizons and Growth Strategies in the ... Country Segment Forecasts, Competitive Intelligence, Emerging Opportunities" ... --> --> This new 247-page ... therapeutic drug monitoring market, including emerging tests, technologies, ...
Breaking Medicine Technology: