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:11/26/2015)... ... November 26, 2015 , ... ... to discuss bioavailability and the need to integrate dose form selection in early ... with OBN, the membership organization supporting and bringing together the UK’s emerging life ...
(Date:11/26/2015)... ... November 26, 2015 , ... ... process, participated in the 61st annual Employee Benefits Conference. The Employee Benefits Conference ... Sunday, November 8th through Wednesday, November 11th, 2015. The conference was held at ...
(Date:11/26/2015)... ... ... Indosoft Inc., developer and distributor of the world-class Asterisk based contact center software Q-Suite, ... The new Q-Suite 6 platform is based on the latest Java Enterprise standards. By ... piece of software for many key components of the suite. Much of the suite ...
(Date:11/25/2015)... , ... November 25, 2015 , ... ... where preparing the perfect dish and pleasing the palates of attendees is of ... bringing a dish to a seasonal get-together, give these recipes a try this ...
(Date:11/25/2015)... , ... November 25, 2015 , ... ... offering factory direct sauna parts and accessories. , Sauna accessories help improve the ... bather’s style and personality. From basic styles for the purist looking for simplicity ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... --> --> ... find optimal contrast weighting of MRI for patients with ... a research agreement with SyntheticMR in order to use SyMRI ... is possible to generate multiple contrast images from a single ... left, thus making it possible to both fine tune images ...
(Date:11/26/2015)... 26, 2015 3D bioprinting market ... to a new report by Grand View Research Inc. Rising ... which demands kidney transplantation is expected to boost the market ... for organ transplantation. --> 3D bioprinting market ... to a new report by Grand View Research Inc. Rising ...
(Date:11/26/2015)... 26, 2015 ... "2016 Future Horizons and Growth Strategies ... Market: Supplier Shares, Country Segment Forecasts, Competitive ... offering. --> ) has ... Future Horizons and Growth Strategies in the ...
Breaking Medicine Technology: