Cardioline - FinTecBuzz

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BGL Announces Growth Equity Investment in Cardioline by ArchiMed

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BGL Announces Growth Equity Investment in Cardioline by ArchiMed

December 6, 20215 min

Brown Gibbons Lang & Company (BGL), a leading investment banking and financial advisory firm, is pleased to announce the closing of the acquisition of a majority stake in Cardioline, a European cardiology diagnostics company and the European leader in cardiology-focused telemedicine, by ArchiMed, a trans-Atlantic private equity firm specializing in healthcare. BGL’s Healthcare & Life Sciences team initiated the transaction and acted as the exclusive financial advisor to Cardioline. The specific terms of the transaction were not disclosed. Founded in 1962...

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