XIO Group $510 million acquisition of Lumenis

1/12/2015
Acquisition finance, Public acquisition

$ 510 million

Announced

1/12/2015


Overview:

  • XIO Group has acquired Lumenis for $510 million.
  • The deal will see XIO pay $14 per share.
  • Lumenis is an medical tech company focused on energy-based (laser) technologies.
  • The financing consisted of a term loan, revolving loan, and a bridge loan provided by Bank Mizrahi.
  • Goldman Sachs acted as financial adviser to Lumenis. Morgan Stanley acted as financial adviser to XIO Group.
  • In Israel XIO was advised by legacy firm Zellermayer, the partners involved were Dani Toledano and Sarit Moussayoff who now work at Erdinast Ben Nathan and M Firon respectively.

Sam Duke - Editor

Continue reading...

New to IFLR1000?

Register today for FREE:

  • Understand market dynamics, with data broken by deal type and more
  • Access law firms and lawyers involved in deals
  • Gain unique insight into lawyers recent work
REGISTER NOW

Sign in