# RoundTable Healthcare Partners and Symmetry Surgical to acquire Bovie Medical's electrosurgical business for $97M

RoundTable Healthcare Partners' portfolio company Symmetry Surgical has entered into a definitive agreement to acquire the electrosurgical business and related intellectual property from Bovie Medical Corporation for a total enterprise value of $97 million. The transaction is expected to close in the third quarter of 2018.

- Type: Acquisition
- Announced: 2018-07-09
- Where: United States
- Value: $97.0M
- Status: announced
- Products: electrosurgical generators, electrodes, cauteries, accessories
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [RoundTable Healthcare Partners](https://endata.com/companies/32992.md) (investor)
- [Symmetry Surgical Inc.](https://endata.com/companies/32993.md) (acquirer)
- [Bovie Medical Corporation](https://endata.com/companies/32994.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/roundtable-healthcare-partners-and-symmetry-surgical-inc-to-acquire-bovie-medicals-electrosurgical-business-300677624.html), 2018-07-09: "This exciting acquisition enables us to address a wider range of our customers' needs and gives Symmetry an opportunity to further establish itself as a key player in the growing bipolar and monopolar energy markets."

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