|By Business Wire||
|January 31, 2013 12:37 PM EST||
The Raymond James Health Care Investment Banking Group acted as financial advisor to Neurologica Corporation in its sale to Samsung Electronics America, Inc., a subsidiary of Samsung Electronics Co. Ltd. Neurologica is a leading Computed Tomography (CT) company headquartered in Danvers, Massachusetts. Established in 2004, NeuroLogica develops cutting-edge medical imaging products and is known for its world-class portable CT scanners, such as BodyTom and CereTom. Terms of the deal were not disclosed.
Raymond James served as exclusive financial advisor to Neurologica in connection with the sale, advising the Company on the sale process, the structuring of the transaction, and the negotiation of transaction terms and purchase agreement.
About the Raymond James Health Care Investment Banking Group
In terms of domain expertise, dedicated resources and transaction track record, the Health Care Investment Banking Group of Raymond James is one of the oldest, largest and most successful health care-focused advisory services practices in the United States. The group provides a broad range of advisory and capital-raising services to companies within the health care industry and has senior banking personnel focused on a wide variety of health care sectors. The group’s investment bankers have advised on approximately 391 transactions, including mergers and acquisitions with an aggregate value of more than $22.9 billion and equity and debt financings in excess of $17.3 billion. The group has offices in Nashville, St. Petersburg, New York, Denver, and Chicago.
About Neurologica Corporation
Located in Danvers, Massachusetts, NeuroLogica Corp. (www.neurologica.com) specializes in the design and manufacture of cutting edge imaging equipment that is easy to use and brings the power of imaging to the patient. NeuroLogica`s BodyTom® CT and CereTom® CT are FDA registered and the quality system is certified to ISO 13485:2003 and ISO 9001:2008 with Canadian Medical Device Amendments. NeuroLogica`s BodyTom® CT and CereTom® CT are CE marked (European Conformity) for distribution in the European Union and European Economic Area.
About Samsung Electronics America, Inc.
Samsung Electronics America, Inc. (SEA), based in Ridgefield Park, NJ, is a subsidiary of Samsung Electronics Co., Ltd. The company markets a broad range of award-winning consumer electronics, information systems, and home appliance products, as well as oversees all of Samsung’s North American operations including Samsung Telecommunications America, LLC, Samsung Semiconductor Inc., Samsung Electronics Canada, Inc. and Samsung Electronics Mexico, Inc. As a result of its commitment to innovation and unique design, the Samsung organization is one of the most decorated brands in the electronics industry.
About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. creates more possibilities for more people, in more countries, than any other technology company. Samsung has become the global leader in consumer electronics and their components by bringing relentless innovation to a product portfolio that includes televisions, smartphones, personal computers, printers, cameras, refrigerators and memory chips. To discover more, please visit www.samsung.com.
Please visit the Raymond James Health Care Investment Banking Group’s website at www.rjhealthcarebanking.com.