Prism Medical Ltd.
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Prism Medical Ltd. - overview
Location
Toronto, ON, Canada
Primary Industry
Medical Devices & Equipment
About
Prism Medical Ltd. is a Toronto-based company specializing in advanced patient handling solutions aimed at enhancing safety and efficiency in healthcare settings through innovative technologies. Prism Medical Ltd. designs and manufactures patient handling solutions for healthcare environments.
The company has received funding through a PIPE round, raising CAD 11. 000 mn in total, with the latest investment round occurring on September 17, 2004, from Yellow Point Equity Partners. They are headquartered in Toronto, Canada. Prism Medical Ltd.
specializes in innovative patient handling solutions designed to enhance safety and efficiency within healthcare settings. Their core offerings include advanced ceiling lifts, floor lifts, specialized slings, therapeutic surfaces, and medical beds, all engineered to facilitate safer patient transfers and minimize the risk of injury. They serve a diverse array of clients, such as hospitals and long-term care facilities, across North America, providing tailored solutions for various patient needs, including bariatric and elderly care. Their products leverage clinical research and technology, ensuring optimal performance and comfort.
Prism Medical Ltd. generates revenue through direct sales and service support agreements with healthcare providers. They supply patented and trademarked products, engaging in business-to-business transactions with hospitals and long-term care facilities. Revenue is derived from the sale of individual units and ongoing maintenance contracts, alongside tailored project management services.
Their pricing reflects the advanced technology and clinical backing of their products, with specific details set according to individual contracts. Prism Medical Ltd. is planning to expand its product line with new innovations in patient handling technology, with launches slated for upcoming quarters. The company aims to penetrate additional markets, specifically targeting regions in North America by 2025.
The recent funding of CAD 11. 000 mn will support these initiatives, ensuring the development and distribution of their new offerings. This funding will also enhance their operational capabilities to meet anticipated demand.
Current Investors
Yellow Point Equity Partners
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Equipment Distributors
Website
www.prismmedicalltd.com
Total Amount Raised
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Prism Medical Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Prism UK Medical Ltd. | - | ||||||||
| Add-on | Completed | MedCare Products Inc. | - | ||||||||
| Add-on | Completed | Freeway Healthcare | - | ||||||||
| PIPE | Completed | Prism Medical Ltd. | - | ||||||||
| Add-on | Completed | Tri-care Developments | - |
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Prism Medical Ltd. - employee data
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