Transaction

• In July 2010, Hemcon Medical Technologies (Hemcon) completed a divestiture of Synpart Limited to Ranir, LLC.
• Seven Hills provided financial advisory services to Hemcon and negotiations with Ranir, LLC.

Companies

• Hemcon is a diversified medical technology company that provides innovative wound care and anti-microbial products for the military, emergency medical, surgical, dental and over-the-counter markets.
• Synpart Limited manufacturers and supplies an integrated range of oral care products to the global label consumer market.
• Ranir, LLC manufactures and markets consumer oral care products in North America. It offers manual and power toothbrushes, dental floss, night protectors, tooth whiteners, travel kits and other oral care accessories.

Result

• Successfully closed divestiture in an unpredictable economic environment.