# Baring Private Equity Asia to acquire Lumenis for over $1B

Baring Private Equity Asia has agreed to acquire Lumenis, a medical device company, from XIO Group at an enterprise value of over $1 billion. The transaction is expected to close in early 2020.

- Type: Acquisition
- Announced: 2019-11-18
- Value: $1.00B
- Status: announced
- Products: energy-based medical devices for aesthetics, urology, ophthalmology
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Baring Private Equity Asia](https://endata.com/companies/5905.md) (acquirer)
- [Lumenis](https://endata.com/companies/43342.md) (target)
- [XIO Group](https://endata.com/companies/43343.md) (partner)

## Sources

- [lumenis.com](https://lumenis.com/news/baring-private-equity-asia-agrees-to-acquire-lumenis/), 2019-11-18: "BPEA's investment is a tremendous vote of confidence in Lumenis and in the achievements of our entire global organization."

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