CRH Medical acquires Gastroenterology Anesthesia for $73.2M

CRH Medical acquired Gastroenterology Anesthesia, according to a Cantech Letter report.

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The company will pay $73.2 million for Gastroenterology Anesthesia, a provider of anesthesiology services to gastroenterologists. CRH, which saw spike in shares after the announcement, will finance the deal through cash it has on hand, in addition to senior and subordinated credit facilities from Knight Therapeutics.

CRH Medical focuses on commercializing and marketing the CRH O’Regan System for hemorrhoid treatment.

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