RoundTable Healthcare Partners Acquires Excelsior Medical Corporation
LAKE FOREST, IL, June 28, 2004 — RoundTable Healthcare Partners (“RoundTable”), an operating-oriented private equity firm focused exclusively on the healthcare industry, announced today that it has acquired a majority interest in Excelsior Medical Corporation (“Excelsior”). Excelsior, based in Neptune, New Jersey, is a leading manufacturer of pre-filled flush syringes and syringe pump systems. Syringe pump systems include syringe infusion pumps, dispensing pumps, tubing, thermal label printers, labels, and accessories. The Excelsior management team will retain a substantial ownership stake in the company and will continue to lead the organization. Financial terms of the transaction were not disclosed.