Thursday, June 23, 2016
Biotronic Acquires NuWave Monitoring
A health care investment firm, Great Point Partners clients hold private equity positions in portfolio companies across North America and Western Europe including Biotronic NeuroNetwork (Biotronic).
Biotronic is the largest independent provider of intraoperative neurophysiological monitoring in the nation and the world. Founded in 1978 and headquartered in Ann Arbor, Michigan, it currently employs over 250 administrative, support, and clinical staff, including more than 200 technicians.
Great Point Partners recently announced that Biotronic has acquired NuWave Monitoring, another intraoperative neuromonitoring company. With highly trained, certified technologists and surgeons and state-of-the-art health facilities, NuWave Monitoring serve patients in Illinois and Indiana and is a good fit as an add-on company.
Both Biotronic and NuWave Monitoring share a commitment to quality and service. Thanks to the acquisition, Biotronic will expand its presence in the area around Chicago and northwestern Indiana.
NuWave Monitoring will continue working through its doctors and hospitals and will comply with Biotronic's Joint Commission-accredited, quality-assurance program.,