The consideration for the acquisition of Advanced Medical Partners (AMPI) included both cash and stock that was paid at closing, as well as a potential earn out. The earn out is related to the performance of one of AMPI’s newly acquired entities and to certain circumstances that create the potential to acquire additional partnership interest from the AMPI physician partners.
Bob Yonke, AMPI’s co-founder and CEO, said: “The combination of AMPI and HealthTronics will benefit our physician partners by providing access to exclusive technologies and new opportunities. Our mission and philosophy aligns well with those of HealthTronics.”