Healthcare Equipment and Supplies
Company Overview of Acelity L.P. Inc.
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
Founded in 1976
Key Executives for Acelity L.P. Inc.
principal Executive Officer, President and Director
Chief Financial Officer and Executive Vice President
Senior Vice President of Operations, Quality and Regulatory
President of Developed Markets
President of Emerging Markets
Compensation as of Fiscal Year 2015.
Acelity L.P. Inc. Key Developments
Acelity Partners with GHD GesundHeits GmbH Deutschland to Expand Access to Advanced Wound Dressing Portfolio in Germany
Sep 10 15
Acelity announced that it has entered into a strategic commercial partnership with GHD GesundHeits GmbH Deutschland (GHD) to distribute Acelity’s Advanced Wound Dressings portfolio (AWD) known under Systagenix in Germany. The partnership with GHD offers Acelity access to GHD’s breadth of customers in both acute and post-acute care settings. Under the terms of the agreement, GHD will be exclusively responsible for the distribution of all Acelity AWD products, including TIELLE, ADAPTIC TOUCH, SILVERCEL and PROMOGRAN/PROMOGRAN PRISMA in Germany.
Acelity L.P. Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 29 15
Acelity L.P. Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, total revenues were $461.6 million against $459.2 million last year. Operating earnings were $90.2 million against operating loss of $142.1 million last year. Loss from continuing operations before income tax expense (benefit) was $24.9 million against $244.2 million last year. Loss from continuing operations was $17.6 million against $153.8 million last year. Net loss was $17.6 million against $152.7 million last year. Adjusted EBITDA from continuing operations was $172.9 million against $167.9 million last year. Total adjusted EBITDA was $172.9 million against $169.7 million last year. The growth rate of adjusted EBITDA from continuing operations was negatively impacted by 2.7% due to unfavorable movements in foreign exchange rates. Growth in adjusted EBITDA was primarily attributable to strong revenue coupled with lower expenses resulting from integration and business optimization efforts.
For the six months, total revenues were $905.7 million against $901.8 million last year. Operating earnings were $174.3 million against operating loss of $109.3 million last year. Loss from continuing operations before income tax expense (benefit) was $29.2 million against $313.3 million last year. Loss from continuing operations was $22.2 million against $200.9 million last year. Net loss was $22.2 million against $199.1 million last year. Net cash used in operating activities was $5.3 million against net cash provided by operating activities of $61.4 million last year. Additions to property, plant and equipment was $29.6 million against $28.4 million last year. Adjusted EBITDA from continuing operations was $338.7 million against $322 million last year. Total adjusted EBITDA was $338.7 million against $324.9 million last year. The growth rate of adjusted EBITDA from continuing operations was negatively impacted by 2.8% due to unfavorable movements in foreign exchange rates. Growth in adjusted EBITDA was primarily attributable to solid revenue performance as well as expense savings associated with integration and business optimization efforts.
Acelity L.P. Inc. to Report Q2, 2015 Results on Jul 29, 2015
Jul 27 15
Acelity L.P. Inc. announced that they will report Q2, 2015 results at 3:12 PM, GMT Standard Time on Jul 29, 2015
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|
Most Searched Private Companies
Sponsored Financial Commentaries