EndoChoice Starts 2013 with Merger, German Acquisition
The Alpharetta firm closed on $43 million, merged with Peer Medical Ltd., and then bought a German endoscope manufacturer.
A few days after Alpharetta-based EndoChoice Inc. closed a $43 million fund-raising round, and was part of a merger, it has announced the company has acquired RMS Endoskopie-Technik, an endoscope manufacturer headquartered in Elmshorn, Germany near Hamburg. EndoChoice is a platform-technology company focused on gastrointestinal (GI) endoscopy. RMS was founded in 1995 and develops, manufactures and repairs video endoscopes. RMS is aggressively recruiting experienced engineers and technicians to support substantial expansion in the coming months. "We are very proud and pleased to join with EndoChoice, which is one of the fastest growing medtech companies in the world," said Stephan Wieth, president of RMS, in a release from MarketWire. "…
