NEWS BRIEF: Utah-based Merit Medical Systems Just Spent 4X Revenue, $105 Million, to Acquire Certain Assets of EndoGastric Solutions in an All-Cash Transaction
South Jordan, Utah-based Merit Medical Systems (NASDAQ:MMSI) has acquired certain medical device assets of Redmond, Washington-based EndoGastric Solutions for $105 million in an all-cash transaction, at 4X 2023 revenue.
According to the news release announcing the asset purchase agreement, Merit has acquired the EsophyX Z+ device from EndoGastric, a
