Scott-Macon Advises TeleHealth in its Acquisition of Avidex Technologies
Scott-Macon recently concluded an acquisition transaction advisory engagement on behalf of its client TeleHealth Services, a division of Telerent Leasing Corporation, involving its acquisition of Avidex Technologies.
Scott-Macon approached over 800 companies across the country on behalf of TeleHealth, and successfully initiated discussions with around 40 potential acquisition candidates. Over a several month period, Scott-Macon assisted TeleHealth in analyzing these companies and narrowing the focus to a handful of the most attractive potential target acquisition candidates, culminating in the closing of the Avidex transaction late last year. If you’d like to see more about our Healthcare Investment Banking business, please click here.
TeleHealth is one of the leading suppliers of televisions and communications equipment and technologies to the hospital and healthcare facilities marketplace in the United States, with more than 2,500 customers nationwide. It’s part of ITOCHU, a $47 billion revenues diversified global family of companies headquartered in Japan. Avidex Technologies is a leading provider of audio-visual systems for corporate and healthcare clients throughout the United States.
Please contact Nathan Cortright, Group Head of Healthcare Investment Banking, for additional information by calling (212) 755-8200 or emailing by clicking here.