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Endoscopic Concepts, Inc. sells assets to U.S. Surgical, now a division of Covidien

EndoscopicConcepts-Covidien

Endoscopic Concepts, Inc. has announced that it has sold certain assets of its business to United States Surgical, a business unit of Covidien. Alan Fullerton represented ECI.

U.S. Surgical is a diversified medical products company specializing in minimally invasive surgery and wound closure technologies that improve patient care and offer the best value for healthcare providers. The Syneture division of United States Surgical manufactures and markets a comprehensive line of high quality sutures and biosurgery products. It is dedicated to being the healthcare professional’s partner-of-choice and to advancing suture technology and biomaterials that improve patient outcomes.

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Mirus Capital Advisors provides investment banking solutions to corporate clients in technology, business services, manufacturing, consumer products, health care, and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations ,and valuations. For additional information, visit www.merger.com.

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