Topspin LBO Acquires VersaTron Veterinary Business

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Wed Jun 10, 2009 9:42am EDT

ROSLYN HEIGHTS, N.Y.--(Business Wire)--
Topspin LBO today announced that it had partnered with Integris, LLC to acquire
the veterinary business of SANUWAVE, Inc. The acquired veterinary business will
be named Pulse Veterinary Technologies, LLC. 

Pulse Veterinary Technologies will focus solely on the veterinary market
opportunity, with improved service to the equine market and expansion of the
technology into the small animal market. The top selling products of Pulse
Veterinary Technologies includes the VersaTron family of pulsed energy
therapeutic products. The VersaTron is the preferred shock wave device of
leading equine practitioners and has been proven safe and effective in more
equine studies and clinical trials than any other shock wave system. The use of
the VersaTron in the treatment of musculoskeletal disorders aids in healing by
stimulating the body's regeneration process. 

Topspin LBO worked with Integris, LLC an independent sponsor, on the
transaction. Integris, LLC is led by Richard Effress, who will become Chairman
of Pulse Veterinary Technologies. Prior to Integris, Mr. Effress co-founded and
served as Chairman and CEO of MedSource Technologies, Inc., a leading global
provider of manufacturing and engineering services and supply chain management
solutions to the medical device industry. 

Leigh Randall, Managing Director of Topspin LBO, said, "This investment is a
great addition to our portfolio. We invested in Pulse Veterinary Technologies
because we believe the company has a significant growth opportunity, and has a
talented management team to capitalize on the opportunity in the veterinary
field. The company has a stable base of business in the equine market, and ample
growth opportunities internationally and in the small animal market." 

Mr. Effress stated, "This transaction will help grow the VersaTron product
family - an extremely safe, efficacious and robust therapy that provides
veterinarians an ease-of-use treatment option. The technology is the most
studied of all pulsed energy systems in the veterinary field, and the field's
thought leaders are among our many satisfied users and clinician partners." 

Topspin LBO

Topspin LBO is a $132 million, Long Island, NY-based private equity fund that
makes control investments in profitable and established small businesses. The
firm often invests in sectors such as consumer products, niche manufacturing,
food/beverage, retail, business services, and security. The team at Topspin LBO
has considerable operations expertise and has partnered with management teams in
building businesses of varying stages and sizes, both at Topspin as well as
prior firms. Additional information on Topspin LBO can be found at
www.topspinlbo.com. 

Pulse Veterinary Technologies, LLC

Pulse Veterinary Technologies, LLC, located in Alpharetta, Ga., is a privately
held company which develops and markets innovative, non-invasive therapies for
the veterinary market. The company's principal technology is the VersaTron
family of products for the management of a variety of musculoskeletal disorders
causing chronic pain and lameness. For more information, please visit
www.pulsevet.com. 





Topspin Partners
Grace Cipriano, 516-625-9400 x0
gcipriano@topspinpartners.com



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