Press Release
Capstone Partners Advises R&D Arm of Leading Medical Devices Company
April 16 , 2010
Boston, MA - Capstone Partners LLC, a national investment banking advisory firm, announced today that it has provided financial and strategic advisory services to the research, technology incubation and product development arm of a privately-held leader in the global medical device industry, which focuses on diagnostic healthcare in close collaboration with universities, industry experts and government agencies. The parent company is a leading manufacturer of medical diagnostic equipment worldwide. The company specializes in helping doctors, nurses, and other frontline practitioners around the globe provide the best patient care by developing innovative products, breakthrough technologies and cutting-edge solutions that help them see more patients, detect more conditions and improve more lives. Capstone Partners was retained by the research subsidiary to assist its executive team with various financial and strategic analyses related to the company’s technology portfolio and related capital market opportunities.
John Ferrara, Capstone’s president and managing partner, stated, “We were excited to have had the opportunity to work with the company and provide them with a window into the current M&A and financing markets.” He added, “The company has assembled a strong team and the progress they have made in advancing a number of promising technologies in the diagnostic sector is compelling.” David DeSimone, a director with Capstone’s advisory team noted, “As Capstone is keenly focused on patient-centered IT, we were impressed with the company’s commitment to commercializing advanced medical technology focused on improving quality of care and reducing overall healthcare costs.”
Capstone Partners LLC is a leading national investment banking advisory firm dedicated to serving the transaction needs of middle market companies. The firm provides corporate sale & divestiture, merger & acquisition, private placement and valuation advisory services. Capstone focuses on the outsourced services, technology solutions, and manufacturing & distribution industries and maintains sector teams in both education and healthcare. The firm also maintains an active merchant banking capability through Capstone Ventures to co-invest in support of its clients’ transactions. For more information, visit: www.capstonellc.com.
Contact:
John Ferrara
President, Managing Partner
617-619-3325
David DeSimone
Director
617-619-3327