Signostics Announces Investment and Capital Partnership with KKR
November 16, 2015 CLOVELLY PARK,
Since launching its first product in 2009, Signostics has remained
focused on the development of handheld ultrasound technology. The new
funding by KKR will allow Signostics to pursue cutting-edge medical
innovations and to expand and accelerate global marketing and
distribution for new products. Prior to this transaction, Signostics
re-domiciled from
“KKR offers us the privilege of working with a highly regarded long-term
capital partner which will enable us to create next-level innovations
and beyond, aimed at greater disruption and democratization of the
global ultrasound market,” said
With the backing of this new investment by KKR, Signostics intends to
deliver a growing suite of practical, powerful and versatile new devices
designed to become a key element in a clinical professional’s toolkit.
Under the leadership of long-time point-of-care ultrasound pioneer,
“We are thrilled to be investing behind such a visionary and
accomplished team to support them in their continued development of
innovative products that improve medicine and enable more efficient
health care,” said
The existing Signostics product portfolio has gained regulatory approval
in
For KKR, the investment is part of the firm’s health care growth equity
strategy, which is focused on high-growth companies for which KKR can be
a unique partner in helping reach scale. KKR is funding the investment
primarily from the balance sheet of
ABOUT SIGNOSTICS
ABOUT KKR
KKR is a leading global investment firm that manages investments across
multiple asset classes including private equity, energy, infrastructure,
real estate, credit and hedge funds. KKR aims to generate attractive
investment returns by following a patient and disciplined investment
approach, employing world‐class people, and driving growth and value
creation at the asset level. KKR invests its own capital alongside its
partners’ capital and brings opportunities to others through its capital
markets business. References to KKR’s investments may include the
activities of its sponsored funds. For additional information about
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