International law firm, Addleshaw Goddard has facilitated the management buy-out (MBO) of SuperSonic Imagine, a prominent medical technology company based in the UAE. Acting on behalf of SSH Holdings, a UAE-based private equity group, the Addleshaw Goddard team, operating across Dubai, France, and Singapore, provided comprehensive advisory services, covering M&A, finance, antitrust, employment, IP, and various other facets crucial to the transaction. The team was led by Philip Dowsett (pictured) in Dubai and David Lambert in Paris, with additional support from Louis-Alexandre Montpeyroux.
SuperSonic Imagine, specializing in ultrasound imaging and headquartered in Provence-Alpes-Côtes d’Azur, had previously been acquired by Hologic, a global medical technology company focused on women’s health and listed on NASDAQ, in 2019.
The MBO, executed for a confidential sum, was spearheaded by Sandeep Wadhwa, the new president of SuperSonic Imagine and former vice-president of Hologic, responsible for international operations. Wadhwa led a seasoned team, including senior executives Hari Kaimal and Sanju Nair, both possessing extensive experience in global healthcare and life sciences investment and operations.
In addition, acquisition financing was also provided by Incred Capital, a Singapore-based fund.