Natus medical seattle wa3/31/2023 ![]() The bottom line: ArchiMed's backing could give Natus a jolt after a period of lackluster growth. Last year it made seven platform investments, along with two refinancing transactions of existing portfolio companies and several portfolio add-ons.In 2021, Archimed added five professionals to its New York-based roster, including adding Justin Bateman as a partner from BC Partners, along with transfers from its Lyon office. NAICS Industry: Architectural, Engineering, and Related Services.Kennedy only three-and-a-half years earlier replaced Jim Hawkins after his 14 years at the helm, following a successful change-of-control campaign instigated by hedge fund Voce Capital Management.Ĭontext: Natus is the first bet this year for ArchiMed, which despite its European roots has been doubling down on North America health care investing. Reviews from Natus Medical Incorporated employees in Seattle, WA about Job Security & Advancement.Shares of Natus jumped as high as 28.94% in mid-morning trading Monday.įlashback: Tom Sullivan was named CEO in December 2021 following the resignation of Jonathan Kennedy.The big question: Which direction does ArchiMed want to take Natus? Will it keep the audiology business and get out of neuromonitoring, or vice versa? Or does the newly backed company have an angle to keep and grow both?īy the numbers: Natus shareholders will receive $33.50 in cash per share, reflecting a 29% premium over Friday’s closing share price. The company historically focused on one market, neuromonitoring, but over time entered two new categories - neonatal care products and hearing and balance devices.Zoom in: Natus provides solutions for the diagnosis, monitoring and treatment of disorders affecting the brain, neural pathways and eight sensory nervous systems. Natus Medical IncorporatedUniversity of Washington - Michael G. ![]()
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