Salter Labs Inc.
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Salter Labs Inc. - overview
Established
1976
Location
Lake Forest, IL, US
Primary Industry
Medical Devices & Equipment
About
Salter Labs Inc. specializes in developing innovative medical products designed to improve patient care and enhance healthcare outcomes. Their focus is on providing high-quality solutions for respiratory care and other medical applications. Salter Labs Inc.
was founded in 1976 and operates from its headquarters in Lake Forest, US. The company has been dedicated to advancing medical technology, primarily in the field of respiratory care. Although there are no specific mentions of strategic pivots, the company has consistently focused on enhancing its product offerings. The founder's history is not detailed in the provided information.
Salter Labs has been involved in 2 different funding deals. Salter Labs Inc. offers a comprehensive range of medical products that include respiratory care equipment, oxygen therapy solutions, and various disposable devices used in healthcare settings. Their product line is tailored to meet the needs of healthcare professionals and facilities, focusing on enhancing patient comfort and care efficiency.
Salter Labs serves hospitals, clinics, and healthcare providers primarily in North America, aiming to address the specific challenges faced in patient management and treatment. Salter Labs Inc. generates revenue through the sale of its medical products, which are distributed to healthcare facilities across various segments. The revenue model relies primarily on direct sales to hospitals and healthcare providers, ensuring that they receive tailored solutions that meet their operational requirements.
Specific revenue figures are not provided. Salter Labs Inc. aims to expand its product offerings by introducing new medical devices designed for enhanced patient care. The company is also looking to penetrate further into international markets, with plans to target regions in Europe and Asia by the end of 2024.
Recent funding, which included an exit from RoundTable Healthcare Partners, Bolder Capital, and Edgewater Funds, will be utilized to support these initiatives, although financial terms of the transactions were not disclosed.
Primary Industry
Medical Devices & Equipment
Sub Industries
Healthcare, Medical Devices & Equipment
Website
www.salterlabs.com
Total Amount Raised
Subscriber access only
Salter Labs Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | IntuBrite, LLC | - | ||||||||
| Add-on | Completed | Parker Medical, Inc. | - | ||||||||
| Add-on | Completed | InnoMed Technologies, Inc. | - | ||||||||
| Buyout | Completed | Salter Labs Inc. | - | ||||||||
| Unspecified Exit | Completed | Salter Labs Inc. | - |
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