In Vivo is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction
Brought to you by

Lombard Medical acquires Altura Medical for stock, debt, and earn-outs

Executive Summary

Lombard Medical Inc. acquired private device company Altura Medical Inc. for stock, debt, and commercial and regulatory milestone payments. The transaction includes the issuance of $15mm in Lombard common stock at $4 per share, $5.5mm in assumed bank debt, and $2.5mm in liabilities. The earn-outs are up to an additional $27.5mm, payable in cash or debt.
Deal Industry
  • Medical Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Earnout
    • Payment Includes Stock

Related Companies

Advertisement
UsernamePublicRestriction

Register