[Video] Thermage Buys Reliant for $95 Million
Some older news, in video form, care of our team at OneMedPlace TV.
Thermage announced it would acquire Reliant Technologies earlier this month. The stock and cash transaction was valued at ≈ $95 million and combines respective leaders in skin tightening and skin resurfacing, two fast-growing segments of the aesthetics industry.
Thermage and Reliant generated nearly $137 million in revenue on a combined basis for the 12 months ended March 31, 2008. The transaction is expected to create cross selling opportunities in domestic and international markets.
One Response to “[Video] Thermage Buys Reliant for $95 Million”
1 » Thermage Q2: Robust Results in Ailing Aesthetics Market | OneMedPlace » Archive 12 August 2008 @ 5:53 am
[…] real story remains the pending acquisition of Reliant. Reliant generated $22.6 million in revenue in its second quarter, an increase of 19% from the same […]
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