STERIS plc acquired Compass Medical, Inc. for approximately $16.0 million, a transaction completed in September 2016, structured as cash (bank credit-facility borrowings).
Compass Medical, Inc. operates in Healthcare (Specialty Services), is based in United States. Compass Medical specialized in the sale and repair of flexible endoscopes and generated roughly $6 million of annual revenue. STERIS purchased its assets and integrated it into the Healthcare Specialty Services segment.
Healthcare (Specialty Services)
Advisory firms were not disclosed for this transaction.