February 1, 2013

California firm acquiring Sound Surgical

LOUISVILLE – Sound Surgical Technologies LLC, a Louisville-based company that develops and makes surgical and nonsurgical devices used by cosmetic surgeons, has signed a definitive acquisition agreement with a California company for a deal worth $30.5 million.

Solta Medical Inc. (Nasdaq: SLTM), which also makes equipment for the “medical aesthetics” market, will acquire SST for $25.5 million in Solta common stock and $5 million in cash, according to a release from the companies. The deal is expected to close before the end of the first quarter.

Sound Surgical Technologies makes ultrasonic body contouring systems, which doctors use to remove fat from patients, according to its website. It was founded in Louisville in 1998. It made $23 million in revenue in 2012, according to the release.

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Solta Medical is based in Hayward, California. Along with the payment due at closing, Solta could pay Sound Surgical shareholders up to $9.5 million depending on the revenue SST products generate in 2013.

The release did not say if Sound Surgical Technologies would be relocated or renamed. Calls to the company were not returned.


LOUISVILLE – Sound Surgical Technologies LLC, a Louisville-based company that develops and makes surgical and nonsurgical devices used by cosmetic surgeons, has signed a definitive acquisition agreement with a California company for a deal worth $30.5 million.

Solta Medical Inc. (Nasdaq: SLTM), which also makes equipment for the “medical aesthetics” market, will acquire SST for $25.5 million in Solta common stock and $5 million in cash, according to a release from the companies. The deal is expected to close before the end of the first quarter.

Sound Surgical Technologies makes ultrasonic body contouring systems, which doctors use to remove fat from…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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