Sale of Cappella Peel Away Inc. to Stentys SA
Cappella Medical Devices Ltd. is an Irish-based vascular medical device company. Its proprietary Peel Away sheath deployment system is used to deploy self-expanding stents with great accuracy.
Pegasus Capital advised the company on the sale of Cappella Peel Away Inc., which holds a global and perpetual licence to the Peel Away technology for coronary stent applications, to French-based Stentys SA, a medical device company listed on the Euronext stock exchange in Paris.
TERMS: Not disclosed