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Health

Providing perspective and contextual insights on the monetary aspects of the Healthcare market within the state of Utah, from medical providers to insurance and from nutraceuticals to medical devices.

Utah’s Weave Agrees to $650 Million Sale to Francisco Partners, Five Months After Activist Investors Won Two Seats on Weave's Board of Directors

Utah’s Weave Agrees to $650 Million Sale to Francisco Partners, Five Months After Activist Investors Won Two Seats on Weave's Board of Directors

EXECUTIVE SUMMARY ✅ Lehi-based Weave Communications has agreed to be acquired by Francisco Partners for approximately $650 million, or $7.40 per share in cash, a 34% premium to WEAV’s 17 August closing price. ✅ The $7.40 exit price is still 69.17% below Weave's opening price

NEWS OF NOTE No. 5 — Carlyle Acquires a Utah Defense-Tech Firm, College Football, a National Bank Moves its Headquarters to Utah, Plus Executive Moves Across Higher Education, Manufacturing, Venture Capital and More

NEWS OF NOTE No. 5 — Carlyle Acquires a Utah Defense-Tech Firm, College Football, a National Bank Moves its Headquarters to Utah, Plus Executive Moves Across Higher Education, Manufacturing, Venture Capital and More

EXECUTIVE SUMMARY ✅ Carlyle Group has acquired Centerville, Utah-based defense-technology firm Secturion Systems, making the Utah company the first investment by Carlyle's new dedicated middle-market Aerospace, Defense / Government and Industrials platform; ✅ Brigham Young University Athletics and Lehi-based Entrata have signed a multi-year agreement making

Five Months After a $490 Million Refinancing, Utah’s Varex Imaging Agrees to be Acquired by Teledyne in a $1.1 Billion Deal

Five Months After a $490 Million Refinancing, Utah’s Varex Imaging Agrees to be Acquired by Teledyne in a $1.1 Billion Deal

EXECUTIVE SUMMARY ✅ Salt Lake City-based Varex Imaging has agreed to be acquired by Teledyne Technologies for $18.90 per share in a cash transaction carrying an aggregate value of approximately $1.1 billion, including Varex equity awards and net debt. ✅ Based upon the 42.1 million Varex common shares

Utah’s Ultradent Agrees to Be Acquired for $900 Million by Mitsui Chemicals, with a Global Dental Products HQ to be Established in South Jordan, Utah

Utah’s Ultradent Agrees to Be Acquired for $900 Million by Mitsui Chemicals, with a Global Dental Products HQ to be Established in South Jordan, Utah

EXECUTIVE SUMMARY ✅ Ultradent Products, Inc. (the 50-year-old South Jordan, Utah-based dental-products company), has agreed to be acquired by Mitsui Chemicals, Inc. in a transaction valued at $900 million. ✅ Mitsui Chemicals also registered MC Dental Holdings America, Inc. this week in Utah, the name of the new

NEWS BRIEF: Utah "Wins" Best State in America for 4th Year in a Row, a New Record from U.S. News & World Report

NEWS BRIEF: Utah "Wins" Best State in America for 4th Year in a Row, a New Record from U.S. News & World Report

It is one thing to "win" anything, to come in first place, to be named the best. But achieving the same feat four times ... let alone 4x in a row?!?!?! Nah, that rarely, rarely happens, in any field, in any endeavor. But, as just announced by none other

NEWS OF NOTE No. 4 — Over $105 Million in Utah-Linked Public-Land Funding, Credit Capacity, Venture Deployment, Share-Exchange Activity and Defense-Tech Contracting, Plus Three Acquisition Stories

NEWS OF NOTE No. 4 — Over $105 Million in Utah-Linked Public-Land Funding, Credit Capacity, Venture Deployment, Share-Exchange Activity and Defense-Tech Contracting, Plus Three Acquisition Stories

EXECUTIVE SUMMARY: ✅ Salt Lake City, Utah-based PACS Group, Inc. plans to acquire operations tied to 34 skilled nursing facilities from Eduro Healthcare, while Salt Lake City-based Packsize has agreed to acquire the packaging business of Italy-based Panotec; ✅ Utah counties and local governments are slated to receive $53.

Nearly $40 Million in Utah-focused Deals, Announcements Regarding 14 Utah Entities, Including 7 Executive Changes — Say Hello to NEWS OF NOTE No. 3

Nearly $40 Million in Utah-focused Deals, Announcements Regarding 14 Utah Entities, Including 7 Executive Changes — Say Hello to NEWS OF NOTE No. 3

EXECUTIVE SUMMARY: ✅ L3Harris Technologies (Salt Lake City) has landed a $12.2 million U.S. Navy contract modification for work in Utah, while Salt Lake City-based Milestone Capital Partners closed $11.5 million of corporate notes; ✅ Ogden, Utah-based TAB Bank provided an $8 million working-capital facility to