RoundTable Healthcare Partners has acquired a majority stake in Salter Labs, a manufacturer of disposable respiratory and sleep diagnostics products, through its RoundTable Healthcare Partners Fund III. Financing came from new senior credit facilities provided by GE Commercial Finance Healthcare Financial Services and PrivateBank, as well as a private placement of senior subordinated notes, which were acquired by the RoundTable Capital Partners II fund and Bolder Capital. Bolder also made an equity investment alongside RoundTable for a minority stake.
