Audax Private Equity closes sale of Laborie Medical Technologies
U.S. private equity firm Audax Private Equity has wrapped up its sale of Laborie Medical Technologies Inc, a Mississauga, Ontario-based provider of medical devices for urological, pelvic health and gastrointestinal applications. The previously-announced deal, the terms of which were undisclosed, saw the company go to Patricia Industries, an affiliate of Sweden's Investor AB. Audax acquired Laborie in July 2012 and helped it achieve "a market-leading position in urology and a rapidly growing gastroenterology business," Audax Managing Director Young Lee said.
19 September 2016•3 mins read
