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Thoratec buys Apica for $35mm plus potential earn-outs of $40mm

Executive Summary

Public cardiovascular device maker Thoratec Corp. acquired closely held Irish firm Apica Cardiovascular Ltd. (devices for transapical surgical access) for $35mm in cash and up to $40mm in earn-outs based on clinical development and sales achievements.

Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Cash

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