Strathspey Crown's Alphaeon closes $55 mln acquisition of Clarion

Alphaeon Corp has closed its buy of Clarion Medical Technologies Inc, a provider of medical and aesthetic equipment and consumables based in Cambridge, Ontario. The deal's value, which was not previously disclosed, was $55 million in cash and equity plus performance-based earnouts. Alphaeon, a lifestyle healthcare business established in 2013 by U.S. growth equity firm Strathspey Crown Holdings, said the acquisition of Clarion will expand its global position. The company has its headquarters in Irvine, California.

5 December 2014•2 mins read
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