Selected Transactions

SECTOR	ACQUIROR	ACQUIRED COMPANY	COMMENTS
Medical Device Packaging	J Pac LLC, a New Hampshire based medical contract manufacturer	Doyen Medipharm a U.S. and U.K. based manufacturer of medical manufacturing and packaging machinery
Neurosurgery	Integra LifeSciences Holding Corporation (Nasdaq) a public company with focuses on neurosurgery and tissue regeneration products, as well as specialized and general surgical instrument lines	The MAYFIELD Cranial Stabilization System and the BUDDE? Halo Retractor System of Schaerer Mayfield USA, Inc.
Patient Mentoring	A major cardiovascular medical device manufacturer	The Ambulatory Blood Pressure Monitoring Equipment Line of Biotrac, Inc.
Instruments	Lisle Corporation a manufacturer of tools and instruments	EZ Way, Inc. a manufacturer of patient lifts and stands for nursing homes
Infection Control Products	Integra LifeSciences Holding Corporation (Nasdaq) a public company with focuses on neurosurgery and tissue regeneration products, as well as specialized and general surgical instrument lines	Sparta Surgical Products a maker of infection control disposables
Surgical Instruments	Allegiance Healthcare Corporation (Cardinal Health) a major surgical instrument, pharmaceutical and hospital products vendor	Endolap Incorporated a specialized manufacturer of minimally invasive, surgical equipment, instruments and accessories,
Ultrasound	Misonix Incorporated a specialized provider of ultrasound technologies	Fibra Sonics, Inc. a manufacturer of specialized ultrasonic medical devices
Utilization/Disease Management	Meridian Ventures a venture company firm with healthcare interests	Country-Wide Independent Medical Exams, Inc., a provider of independent medical exams and peer reviews
DME/HME Products	Invacare Corporation one of the largest worldwide producers of long-term care and home care equipment and supplies	A small private home care products company.
Surgical Instruments	Integra LifeSciences Holdings Corporation a public company with focuses on neurosurgery and tissue regeneration products, as well as specialized and general surgical instrument lines	Jarit Surgical Instruments, a major manufacturer of surgical instruments sold into hospitals and clinics primarily through GPOs	The Walden Group was retained by the principal of Jarit Surgical Instruments and identified Integra for bilateral discussions and ultimately a transaction due to several synergies.
Woundcare, Skincare	Torbot Group, Inc. Jobskin Burn Compression Garment Division of Smith & Nephew plc	Jobskin Burn Compression Garment Division a maker of burn and wound care products
Healthcare IT / Diagnostic Imaging	Computer Systems Company, Inc. a healthcare information systems company	R4 Telemedicine, Inc. a developer of obstetrical ultrasound reporting systems, combining clinical information, digital image management, electronic medical records and telemedicine capabilities
Pharmaceutical Packaging	Pechiney S.A. (France) a global public company with interests in packaging for the medical device, pharmaceutical, food and dairy, and cosmetics industries	Phoenix Healthcare products, LLC prominent producers of coated packaging material for the medical device and pharmaceutical industries
Neurology / Sleep Diagnostics	Integra LifeSciences Holdings Corporation (Nasdaq) a public company with focuses on neurosurgery and tissue regeneration products, as well as specialized and general surgical instrument lines	NeuroSupplies, Inc. a direct marketing distributor of neurology and sleep disorder supplies and equipment,
Healthcare IT / Dental	Materialise NV (Belgium) a diversified company specializing in radiolithography, rapid prototyping and three dimensional imaging software systems	Columbia Scientific Incorporated the world's leading developer of dental implant simulation systems,
Imaging Tables	Orthopedic Systems, Inc. a producer of orthopedic trauma and spinal surgical tables, as well as other operating room and orthopedic products	U.S. Imaging Tables, Inc. a manufacturer of specialized imaging tables used principally with fluoroscopic procedures
Pharmaceutical Dispensing	Medecorx LLC. a provider of pharmaceutical delivery products	Diebold's MedSelect Pharmaceutical Dispensing Systems the hospital equipment unit of Diebold, Inc., the world's largest manufacturer of automated teller machines
Specialty Pharmaceuticals	Neogen Corporation (Nasdaq) a leading internation maker of food and animal safety products	Squire Laboratories, Inc. a manufacturer of over-the-counter pharmaceuticals and dietary supplements for the veterinary field,
Woundcare, Skincare	SSL International (Seton Scholl) plc. a large diversified medical products manufacturer based in the U.K.	Silipos, Inc. a leading producer of silicone-free gel-based products for woundcare, prosthetics, orthotics, plastic surgery, footcare and others applications	Walden represented Silipos in this sale transaction. As part of a disciplined process conducted, Walden identified SSL as the best fit by way of transaction terms and other synergies.
Rehabilitation Products	United States Manufacturing Corp. a manufacturer of medical devices for prosthetic and orthotic applications.	Hollister Incorporated of its HOT/ICE institutional cold therapy equipment division