Tactile Systems Technology, Inc. (TCMD) Acquires AffloVest®

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Go back to Tactile Systems Technology, Inc. (TCMD) Acquires AffloVest®

Tactile Medical Announces Acquisition of AffloVest®

September 8, 2021 4:05 PM EDT

Further expands the Companys position as a leader in treating patients with underserved chronic conditions in the homeTransaction aligns with Tactile Medicals growth & margin goals, including 20%+ revenue growth, gross margins above 70% and expanding adjusted EBITDA margins

MINNEAPOLIS, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. (Tactile Medical or the Company) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the treatment of underserved chronic diseases at home, today announced it has acquired the assets of the AffloVest respiratory therapy business from... More