Owners of Rhythmlink International, LLC sold a majority stake of the Company to raise growth capital
Chicago, IL and Southfield, MI – CFI USA (P&M Corporate Finance LLC) is pleased to announce that they served as Rhythmlink’s exclusive M&A advisor and lead a broad sale process.
Founded in 2002, Rhythmlink is a leading full-service designer, manufacturer, and distributor of neurodiagnostic devices, consumables, and solutions for clinicians, external service providers, and OEM partners. Rhythmlink owns a patent protected portfolio of innovative and technically superior product solutions. The Company is the market leader in disposable devices for intraoperative monitoring and is leading a market conversion to disposable devices for EEG and cEEG monitoring.
New Heritage Capital is a Boston-based private equity firm with a twenty-year history of partnering with growing, middle market, founder-owned businesses. With its innovative investment structures like the Private IPO®, Heritage provides founders with a combination of liquidity and growth capital while allowing founders to maintain control of their business. With decades of experience at managing growth, Heritage gives its partners the strategic, operational and financial guidance to help its companies reach their growth objectives.
Related
Healthcare & Life Sciences
The owners of

have sold a majority stake to

Transaction details
Owners of Rhythmlink International, LLC, a leading full-service designer, manufacturer, and distributor of neurodiagnostic devices, consumables, and solutions, sold a majority stake of the Company to raise growth capital
This transaction was advised by:

Bryan Hughes
Partner, Managing DirectorOur latest transactions
Real Estate & Construction

has been acquired by

Transaction details
Blue Bay Building Products has been acquired by Wolseley Group, a leading specialist provider of plumbing, heating, cooling, and utility products to trade customers
Food & Beverage & Agribusiness

has sold

to

Transaction details
Fleury Michon has sold Room Saveurs, a trading company and laboratory specialized in the development of meal trays, to Kumo
Industrials

has transferred the equity interests of its subsidiary

to

Transaction details
Maezawa Kyuso Industries has transferred the equity interests of Maezawa Kyuso (Nanchang) to Guangzhou Hongxing Investment Co., Ltd.
Software & IT Services

have sold

to
a portfolio company of

Transaction details
Companyweb, the leading provider of subscription-based credit information and private company data intelligence in Belgium, has been sold to Altares, a provider of B2B data solutions, servicing medium and large companies across the entire data value chain