Wednesday, February 23, 2011

Byers Peak Acquired For $4.35M

Denver-based Byers Peak, a manufacturer of medical devices for the OEM and emerging technology market, has been acquired for $4.35M by Sparton Corporation. Sparton said its wholly owned subsidiary, Sparton BP Medical Denver will acquire certain assets and assume certain liabilities of Byers Peak in an all-cash deal. The firm said it expects the buy to add $10M in annual revenues to the company.