Angiotech, RoundTable Healthcare Partners deal

Argon Medical Devices Inc. (Athens, Texas), a portfolio company of private equity firm RoundTable, will acquire Angiotech's Interventional Products Business for $362.5 million in a cash deal. The Interventional Products Business, which manufactures and markets disposable and re-usable biopsy products for cancer diagnostics, drainage catheter products and vascular interventional products, reported $101.6 million in revenue for 2012. Under the deal, Argon will also receive three manufacturing facilities in Wheeling, Ill.; Gainesville, Fla.; and Rochester, N.Y. The deal is slated to close by the end of April. ...