HealthTronics (HTRN) Acquires Advanced Medical Partners
HealthTronics, Inc. (NASDAQ: HTRN) has entered into a definitive stock purchase agreement with Advanced Medical Partners, Inc. ("AMPI").
Founded in 2003, AMPI is the leading provider of urological cryosurgery services in the U.S. In partnership with a network of over 500 physicians, AMPI owns an interest in 30 entities that performed over 7,000 procedures and generated over $24 million of revenue in 2007.
The purchase is subject to closing conditions and is expected to close in mid-April.
HealthTronics, Inc. (HealthTronics) provides healthcare services and manufactures medical devices, primarily for the urology community.[SM]
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