May 28, 2016 12:48 PM ET

Healthcare Equipment and Supplies

Company Overview of Acelity L.P. Inc.

Company Overview

Kinetic Concepts Inc. produces surgical healing and hospital patient-mobility equipment, including a tissue-repair therapy used in hospitals in the U.S. and worldwide for acute care and serious trauma. Its wound-care and tissue-repair system is used in pulmonary care, for post-cardiac-arrest complications in the intensive-care unit, and for other types of wound treatment including failed surgical closures, amputations, and serious pressure ulcers. The system works by using a vacuum-assisted closure technology. A second product is a line of hospital equipment that provides mobility to patients who cannot move because of pulmonary complications or due to obesity. Its bariatric-care products pr...

12930 West Interstate 10

San Antonio, TX 78249

United States

Founded in 1976

5,800 Employees

Phone:

210-524-9000

Key Executives for Acelity L.P. Inc.

Chief Executive Officer, President and Director
Age: 49
Chief Financial Officer and Executive Vice President
Age: 52
Senior Vice President of Operations, Quality & Regulatory
Age: 56
President of Developed Markets
Age: 45
Group President of Businesses & Innovation
Age: 41
Compensation as of Fiscal Year 2015.

Acelity L.P. Inc. Key Developments

Acelity L.P. Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016

Acelity L.P. Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, total revenue was $451,366,000 against $444,050,000 a year ago. Operating earnings were $77,268,000 against $84,140,000 a year ago. Loss before income tax expense was $39,798,000 against $4,387,000 a year ago. Net loss was $25,975,000 against $4,531,000 a year ago. Net cash provided by operating activities was $78,185,000 against $102,951,000 a year ago. Additions to property, plant and equipment was $17,467,000 against $10,491,000 a year ago. Adjusted EBITDA was $161,013,000 against $165,836,000 a year ago. Net loss was $26.0 million, as reported on a GAAP basis, up from $4.5 million net loss in the prior-year period, due primarily to the impact of foreign currency exchange rate movements on the revaluation of Term E-1 EURO loan. The decline in Adjusted EBITDA was attributable to investments being made in franchise structure and sales force to drive growth, partially offset by revenue growth and expense savings associated with integration and business optimization efforts.

Acelity L.P. Inc. to Report Q1, 2016 Results on May 03, 2016

Acelity L.P. Inc. announced that they will report Q1, 2016 results at 1:42 PM, GMT Standard Time on May 03, 2016

Acelity L.P. Inc., Q1 2016 Earnings Call, May 03, 2016

Acelity L.P. Inc., Q1 2016 Earnings Call, May 03, 2016

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Recent Private Companies Transactions

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Merger/Acquisition
December 1, 2015
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