Roundtable to Sell Ascent Healthcare
RoundTable Healthcare Partners, a healthcare-focused buyout firm based in based in Lakeforest, Ill., has agreed to sell portfolio company Ascent Healthcare, a medical device company, to Stryker Corporation for $525 million in cash. Prior to closing, Ascent will distribute $35 million of cash from its balance sheet to its shareholders, taking the total proceeds from the sale to approximately $560 million.
2 December 2009•3 mins read
