Hamilton Thorne Joins Forces with Cook Medical RH in Landmark Astorg Acquisition
Deal News | Dec 02, 2024 | ASTORG
Astorg, a prominent pan-European private equity firm, has successfully completed the take-private acquisition of Hamilton Thorne as well as the acquisition of Cook Medical's Reproductive Health business, signaling a significant move in the Assisted Reproductive Technology (ART) sector. Hamilton Thorne, previously listed on the Toronto Stock Exchange, brings to the table a robust portfolio of precision instruments, consumables, software, and services tailored for ART. Cook Medical RH further complements this with its leading ART consumables and equipment, such as ovum aspiration needles and catheters. Following the closure of these deals, Astorg plans to amalgamate these two entities, leveraging their synergies to establish a global MedTech company poised to make strides in the ART domain. A new brand identity reflecting this consolidation is expected to be launched in 2025, marking a new chapter and representing Astorg's ambitious vision for growth in medical technology innovation.
Sectors
- Private Equity
- Medical Technology (MedTech)
- Assisted Reproductive Technology (ART)
Geography
- Europe – Astorg is a leading pan-European private equity firm, indicative of its primary regional influence and operations.
- Canada – Hamilton Thorne was previously listed on the Toronto Stock Exchange in Canada.
- USA – Cook Medical is an American company, influencing the geographic scope of the acquisition.
Industry
- Private Equity – Astorg, a private equity firm, is involved, representing significant activity and investment in this sector.
- Medical Technology (MedTech) – The consolidation of ART products and services from Hamilton Thorne and Cook Medical RH falls under the MedTech industry.
- Assisted Reproductive Technology (ART) – The portfolios and services involved directly pertain to ART, emphasizing its importance in this transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Astorg | Acquirer | Company | A leading pan-European private equity firm orchestrating the acquisition and consolidation of Hamilton Thorne and Cook Medical RH. |
| Hamilton Thorne | Target company | Company | A provider of ART precision instruments, consumables, software, and services. |
| Cook Medical - Reproductive Health | Acquired business unit | Company | Specializes in ART consumables and equipment as part of Cook Medical. |
| Toronto Stock Exchange | Stock Exchange | Other | The exchange from which Hamilton Thorne has been delisted. |