The Firm represented Laborie Medical Technologies Inc., a portfolio company of Patricia Industries, in connection with its acquisition of Pelvalon, Inc. Financial details of the transaction were not disclosed. The acquisition closed on October 12, 2021.
Pelvalon, a privately held medical device company, developed the Eclipse System, a non-surgical, patient controlled device for women suffering from fecal incontinence.
Laborie is a leading global developer, manufacturer and marketer of diverse, innovative medical technology used in the diagnosis and treatment of disorders in the urology, gynecology, colorectal and gastrointestinal fields and is also a leader in medical technology developed for labor and delivery and neonatal intensive care.
The Simpson Thacher team included Michael T. Holick, Robert Harrison and Caitlin Locurto (M&A); Sophie Staples, Eli Shalam and Lina Pan (Tax); Jeannine McSweeney, Caitlin Fitzgerald and Brian Chung (Employee Benefits and Executive Compensation); Alden Millard and Kyle Nelson (Credit); Genevieve Dorment, Melanie Jolson and Hilary Wong (Intellectual Property); Vanessa Burrows (Healthcare); Krista McManus (Real Estate); Timothy Mulvihill (Environmental); and David Caldwell (Regulatory).