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SRI deal completed


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  • | 4:43 p.m. July 13, 2012
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  • Tampa Bay-Lakeland
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TAMPA — Owners of more than 80% of the shares of SRI/Surgical Express agreed to a tender offer from British firm Synergy Health, the companies announced today.

Synergy Health offered $3.70 in cash per share for Tampa-based SRI/Surgical Express, which provides processing and management of supplies for hospitals and surgery centers in 25 states. The total deal is valued at $25 million.

In a statement, the companies announced that owners of 82.7% of the shares of SRI/Surgical Express had agreed to the tender offer, which expired on Thursday at midnight.

Besides the U.S., Synergy Health provides outsourcing services to hospitals and surgery centers in Europe, the Middle East, Africa and Asia.

 

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