Plano, TX, July 28, 2022 – pH Partners, LLC (“PHP”), a boutique healthcare investment bank, is pleased to announce that its client Medi-Lynx Cardiac Monitoring, LLC (“Medi-Lynx”), a U.S subsidiary of Medicalgorithmics S.A., has completed its sale to React Health Holdings, LLC (“React Health”).
Medi-Lynx is among the leaders in the global cardiac monitoring market. Their innovative arrhythmia diagnostics device, PocketECG, will serve as a remote heart monitor to provide “hospital-grade telemetry in an ambulatory setting” (Medi-Lynx). The convenient size of the device allows patients to resume their daily activities while maintaining continuous monitoring of every heartbeat. The device will securely record, analyze and transmit the patient’s data to their physician.
pH Partners, LLC, served as financial advisor to MEDICALgorithmics S.A. and Medi-Lynx Cardiac Monitoring, LLC.
Medi-Lynx Arrhythmia Diagnostics is a leader in arrhythmia monitoring, delivering cardiac diagnostic solutions and services to provide patients with the best possible care. The transmitted continuous ECG signal from our PocketECG device and comprehensive diagnostic reports are accessible through any web-enabled device anytime and anywhere. Medi-Lynx operates two Independent Diagnostic Testing Facilities (IDTFs) in the United States, and its services are contracted nationally with most major insurance carriers. To learn more, visit medilynx.com.
About pH Partners
pH Partners, LLC is a boutique investment banking firm delivering capital formation, partnership, merger and acquisition solutions to companies at the convergence of Healthcare, Technology, and the Consumer. The pH Partners team comprises senior-level executives with extensive backgrounds in investment banking, life sciences, medicine and operations. Our team has collectively closed over $20B in strategic advisory transactions and raised more than $5B in capital for our clients. pH Partners is headquartered in Austin, Texas, with offices in Houston, Portland and New York. To learn more, visit phpartners.com.
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