Published in Healthcare Mergers, Acquisitions and Ventures Week, July 31st, 2004
The acquirer is a portfolio company of KRG Capital, a Denver-based private equity firm. Matria operated the divested business through its wholly owned subsidiaries, Diabetes Self Care, Inc., and Diabetes Management Solutions, Inc.
The transaction, valued at approximately $130 million, closed for a cash price of approximately $102 million. Matria will retain existing accounts receivable and certain other assets from its pharmacy and supplies business.
The company also announced that it has...
Want to see the full article?
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Healthcare Mergers, Acquisitions and Ventures Week
NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.