Navigation Links
RoundTable Healthcare Partners Announces Sale of Clinical Innovations, LLC to The Pritzker Group
Date:12/15/2010

LAKE FOREST, Ill., Dec. 15, 2010 /PRNewswire/ -- RoundTable Healthcare Partners ("RoundTable"), an operating-oriented private equity firm focused exclusively on the healthcare industry, announced today that it has entered into a definitive agreement to sell one of its portfolio companies, Clinical Innovations, LLC ("Clinical"), to The Pritzker Group, a private investment firm representing Pritzker family interests.  Terms of the transaction were not disclosed.

Clinical is a leading designer and manufacturer of single-use disposable medical devices used primarily in women's and infants' health, urology, and gastroenterology.  Two of the Company's key products, Kiwi®, a vacuum-assisted delivery device, and Koala®, an intra-uterine pressure monitoring device, are market leaders in the labor and delivery field.  RoundTable acquired a majority interest in Clinical, based in Murray, Utah, in March 2005 from its original owner/founders.

"Clinical's exceptional management team and dedicated employees have driven the company to become a leader in devices targeted for women's health," said Joseph F. Damico, a Founding Partner and Co-Chairman of RoundTable.   "We believe The Pritzker Group is an ideal partner for the company, its employees and customers going forward."

"RoundTable has been a great partner for Clinical Innovations," said William D. Wallace, one of the original owner/founders of Clinical and the current Senior Vice President of Research and Development.  "Over the past five years, RoundTable has treated Clinical's founding shareholders as equal partners.  Their support has been instrumental as we have continued to grow our business and position it for future success."

Robert W. Baird acted as exclusive financial advisor and Jones Day served as legal counsel to Clinical and RoundTable.  

About RoundTable Healthcare Partners

RoundTable Healthcare Partners, Lake Forest, IL, is an operating-oriented private equity firm focused exclusively on the healthcare industry.  RoundTable partners with companies that can benefit from its extensive industry relationships and proven operating and transaction expertise.  RoundTable has established a successful track record of working with owner/founders, family companies, management teams, entrepreneurs and corporate partners who share a vision and believe in the value creation potential of its partnership model.  RoundTable currently manages $1.9 billion in capital, including three equity funds totaling $1.5 billion and two subordinated debt funds totaling $400 million.  More information about RoundTable Healthcare Partners can be found at www.roundtablehp.com.


'/>"/>
SOURCE RoundTable Healthcare Partners
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. RoundTable Healthcare Partners Acquires Majority Stake in Salter Labs
2. Arcadian Healths Chief Information Officer to Address Role of CIOs from a Healthcare Perspective at the CIO Executive Leadership Roundtable in Santa Monica
3. RoundTable Healthcare Partners Portfolio Company, Argon Medical Devices, Inc., Acquires Critical Care and Extended Dwell Catheter Product Platforms From BD
4. RoundTable Healthcare Partners Portfolio Company, Aspen Surgical Products, Inc., Acquires Bard-Parker™ Surgical Blades and Scalpels Business
5. RoundTable Healthcare Partners Closes Two Funds
6. RoundTable Healthcare Partners Announces Sale of Bioniche Pharma Holdings Limited to Mylan Inc.
7. RoundTable Healthcare Partners Names Charles W. Stiefel as Senior Advisor
8. RoundTable Healthcare Partners Announces Sale of Ascent Healthcare Solutions to Stryker Corporation
9. BARC Central Laboratory Joins Alzheimers Association Research Roundtable
10. Roundtable Calls Presidents Embryonic Stem Cell Decision: Bankrupt
11. Justice Department Will Not Oppose CEO Roundtable on Cancers Proposal
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/28/2016)... 2016 New market research ... a report that provides an overview of the ... by identifying new targets and MOAs to produce ... discussed in this H1 2016 Osteoarthritis Pipeline report ... Inc., Abiogen Pharma S.p.A., Ablynx NV, Achelios Therapeutics, ...
(Date:4/27/2016)... -- Elekta today announced that its leading-edge ... focal point of seven scientific presentations at ESTRO 35, ... & Oncology, taking place April 29 - May 3. ... and a high-field MRI scanner with sophisticated software that ... in real time. The MR-linac is designed to improve ...
(Date:4/27/2016)... Shire plc (LSE: SHP, NASDAQ: ... Financial Officer, will present at the Deutsche Bank 41st Annual ... on Wednesday, May 04, 2016, 10:00 am EDT (15:00 BST). ... the Presentations and Webcasts section of Shire,s Investor website at ... be available on this same website for approximately 90 days. ...
Breaking Medicine Technology:
(Date:4/29/2016)... (PRWEB) , ... April 29, 2016 , ... On Tuesday, ... hospitals across the Southeast, celebrated the signature of Gov. Nathan Deal on SB 258, ... Geoff Duncan (R - Cumming), offers a 70% tax credit to individuals and corporations ...
(Date:4/29/2016)... ... 29, 2016 , ... Dr. Bernie Siegel, (M.D.) ... MEDICINE and MIRACLES") addresses touchy topics related to Death live on Dr. ... Dr. Bernie Siegel, author of a plethora of essential books-to-read for physicians and ...
(Date:4/29/2016)... , ... April 29, 2016 , ... Conditions were ideal ... Cove Island Park on Sunday, with sunny skies, a light breeze and temperatures in ... $33,000. , The 5k Run and Walk and 1-mile walk were held ...
(Date:4/29/2016)... , ... April 29, 2016 , ... ... reveals that infants born with severe congenital diaphragmatic hernia have better survival rates ... with congenital diaphragmatic hernia (CDH)—a condition where the diaphragm fails to form completely, ...
(Date:4/29/2016)... ... 2016 , ... The Wharton School of the University ... of the 2016 Wharton Business Plan Competition —as well as the Wharton ... the Committee Award for Most ‘Wow Factor,’ making them the first team in ...
Breaking Medicine News(10 mins):