# MGC Diagnostics to be acquired by Altus Capital Partners for $50.3M

St. Paul-based MGC Diagnostics, a manufacturer of breathing and heart rate measurement equipment, agreed to be acquired by Altus Capital Partners for $50.3 million, or $11.03 per share.

- Type: Acquisition
- Announced: 2017-11-29
- Where: St. Paul, Minnesota, United States
- Value: $50.3M
- Status: announced
- Products: cardiopulmonary diagnostic equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [MGC Diagnostics Corporation](https://endata.com/companies/28450.md) (target)
- [Altus Capital Partners Inc.](https://endata.com/companies/28451.md) (acquirer)

## Sources

- [tcbmag.com](https://tcbmag.com/mgc-diagnostics-to-be-acquired-by-private-investment-firm-for-50m/), 2017-11-29: "Our strategies for product innovation and growth are nicely aligned and together we believe we can accelerate the delivery of new product offerings to our customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.