STERIS plc acquired Life Systems, Inc. (LSI) for approximately $24.5 million (including $1.5 million of restricted stock to a seller), subject to a working-capital adjustment, a transaction completed in February 2014, structured as combination (cash plus restricted stock).
Life Systems, Inc. (LSI) operates in Healthcare, is based in St. Louis, Missouri, USA. Life Systems, based in St. Louis, Missouri, provided sales and service in the endoscope-repair and certified pre-owned equipment markets. STERIS purchased its assets and integrated the business into the Healthcare segment.
Healthcare
Advisory firms were not disclosed for this transaction.