Hologic completes $160M acquisition of Bolder Surgical

Hologic (NSDQ:HOLX) announced today that it closed its previously announced $160 million purchase of Bolder Surgical.

Marlborough, Massachusetts-based Hologic said just last month that it agreed to a deal that would see it acquire Louisville, Colorado-based developer and manufacturer of advanced energy vessel-sealing surgical devices.

According to a news release, Hologic’s acquisition of Bolder adds laparoscopic vessel sealing, dividing and dissecting devices to its surgical portfolio. Additionally, the company said the transaction enables it to expand Bolder’s devices to OB/GYN specialists.

Through the acquisition, all of Bolder’s devices — including the CoolSeal vessel sealing suite, JustRight 3mm vessel sealer and JustRight 5mm stapler — will join Hologic’s surgical portfolio.

“The acquisition of Bolder Surgical will expand Hologic’s growing laparoscopic portfolio and underscores our commitment to women’…

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Hologic completes $160M acquisition of Bolder Surgical

Hologic (NSDQ:HOLX) announced today that it closed its previously announced $160 million purchase of Bolder Surgical.

Marlborough, Massachusetts-based Hologic said just last month that it agreed to a deal that would see it acquire Louisville, Colorado-based developer and manufacturer of advanced energy vessel-sealing surgical devices.

According to a news release, Hologic’s acquisition of Bolder adds laparoscopic vessel sealing, dividing and dissecting devices to its surgical portfolio. Additionally, the company said the transaction enables it to expand the use of Bolder’s devices to OB/GYN specialists.

Through the acquisition, all of Bolder’s devices — including the CoolSeal vessel sealing suite, JustRight 3mm vessel sealer and JustRight 5mm stapler — will join Hologic’s surgical portfolio.

“The acquisition of Bolder Surgical will expand Hologic’s growing laparoscopic portfolio and underscores our commitment to …

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Hologic plans to buy Bolder Surgical for $160 million

Bolder Surgical’s Trinity device [Photo courtesy of Bolder Surgical]Hologic Inc. (NSDQ:HOLX) said today that it has a $160 million deal to acquire Bolder Surgical, a developer and manufacturer of advanced energy vessel sealing surgical devices.

Louisville, Colorado-based Bolder Surgical’s laparoscopic vessel sealing, dividing and dissecting devices will join Hologic’s surgical portfolio when the deal closes, expected by the end of 2021.

Marlborough, Massachusetts–based Hologic plans to expand Bolder’s pediatric-focused devices to OB-GYN specialists, estimating that there are five times more laparoscopic procedures in OB-GYN applications than in pediatrics.

“We can accelerate growth and improve patient outcomes by leveraging our significant commercial resources and strong relationships with OB-GYNs,” Hologic Surgical Division President Essex Mitchell said in a news release.

It’s the latest deal by Hologic, which has been spending COVID-19 test r…

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