SunTech Sold to Halma

SunTech Medical Group, a supplier of clinical grade non-invasive blood pressure monitoring products and technologies, has been acquired by Halma, a UK-based developer of hazard and life protection products. Greene Holcomb & Fisher served as the exclusive financial advisor to SunTech in the transaction.

PRESS RELEASE

Greene Holcomb & Fisher (“GH&F”) is pleased to announce that SunTech Medical Group Limited (“SunTech”), a pre-eminent supplier of clinical grade non-invasive blood pressure monitoring products and technologies, has been acquired by Halma plc (“Halma”), a U.K.-based developer of hazard and life protection products.

GH&F served as the exclusive financial advisor to SunTech in the transaction. This sale highlights yet another in a series of successful transactions for GH&F’s healthcare group. Since 2010, the GH&F healthcare group has completed 13 M&A and private placement engagements.

Following the transaction, SunTech management will remain in place and continue to operate the business. Dayne McBee, CEO of SunTech commented, “We are extremely pleased with the transaction outcome and the senior level attention provided by GH&F. We are excited to join the Halma team and continue to develop innovative blood pressure monitoring technologies.”

GH&F Managing Director, Ken Higgins, stated, “This transaction combines two of the most innovative companies in patient monitoring technologies. The addition of SunTech’s devices and technologies to Halma’s family of products should create immediate synergistic opportunities as well as the potential to accelerate growth of SunTech’s business on a global basis.”

SunTech will join the Health Optics business within Halma’s Health and Analysis sector, which includes Riester, Keeler, Volk and Accutome. Andrew Williams, Halma’s Chief Executive, stated, “The acquisition of SunTech continues our strategy of building strong positions in markets with resilient long-term growth drivers. Their blood pressure monitoring technology is a perfect complement to Riester’s own clinical grade blood pressure monitoring devices and this acquisition allows the two companies to work together to further develop their markets and products.”

About SunTech Medical Group

SunTech is a pre-eminent supplier of clinical-grade, non-invasive blood pressure (“NIBP”) monitoring products and technologies, both directly under the SunTech brand name and indirectly through over 75 leading medical device OEMs. The company offers solutions for a range of NIBP applications, including in-clinic, out of office and cardiac stress test applications. SunTech has a strong history of product innovation and excellence.

About Halma plc

Halma develops and markets products that are used to protect lives, or improve the quality of life, for individuals and businesses worldwide. It operates through three distinct business sectors: Health and Analysis, Infrastructure Sensors, and Industrial Safety. The Health and Analysis sector manufactures components and products used to improve personal and public health. Within this sector, SunTech will join the Health Optics sub-sector, which manufactures handheld devices used to assess eye health, diagnose disease and assist with eye surgery as well as diagnostic devices for general medical applications.

About Greene Holcomb & Fisher LLC

Greene Holcomb & Fisher, with offices in Minneapolis, Phoenix, Seattle and Atlanta, is an investment banking firm that specializes in mergers and acquisitions, private placements and financial advisory services for the middle market. At GH&F, we blend our experience from nationally prominent investment banks, New York Stock Exchange-listed companies and leading law firms with senior-level attention and entrepreneurial ingenuity to deliver creative services to high quality companies.

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