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Resmed To Sell MatrixCare Business To Frazier In $490 Million All-Cash Transaction

M&A & RestructuringCompany FundamentalsCorporate Earnings

ResMed (RMD) agreed to sell its MatrixCare business to Frazier Healthcare Partners in an all-cash transaction valued at $490 million, subject to customary closing conditions. The deal supports capital redeployment for ResMed and is generally viewed positively as it streamlines the company’s health-tech portfolio ahead of closing.

Analysis

ResMed (RMD) agreed to sell its MatrixCare business to Frazier Healthcare Partners in an all-cash transaction valued at $490 million, subject to customary closing conditions. The deal supports capital redeployment for ResMed and is generally viewed positively as it streamlines the company’s health-tech portfolio ahead of closing.

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