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Medical and aesthetic laser devices provider Lumenis raised $15 Million July 3, 2009

Posted by israelhealthcare in Medical Aesthetics Device.
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Medical and aesthetic laser devices provider Lumenis has completed $15 million equity financing. Agate Medical Investments, a new investor, led the round with $5 million investment, together with two existing shareholders LM Partners LP and Ofer Hi-Tech.

The company also completed a restructuring of its bank debt allowing for a convenient loan repayment plan spread over 8 years until 2017.

“These additional cash resources will facilitate our investment in the future of our business, including potential strategic investments, acquisitions and other initiatives enabling us to maintain and enhance our leading industry position in all the markets in which we serve,” said Lumenis’ Chief Executive Officer, Dov Ofer.

Lumenis, a provider of laser, light-based and radio-frequency devices for surgical, aesthetic and ophthalmic applications, is Israel’s largest medical device company with more than 700 employees worldwide. The company Headquarters and R&D center are located in Yokneam, Israel.

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