LockeBridge Advises U.K. Based Pain Relief Company on Sale


LockeBridge Investment Banking, acting as the financial advisor to Neurotherm, LTD,  a worldwide provider of high quality radio frequency generators and disposables to Pain Relief Centers and Clinics,  announced the acquisition of Nerotherm by RDG Medical Holdings, Inc. The transaction was part of a strategic plan to enter the market by acquiring multiple synergistic companies. The funding, which will be provided by the Cortec Group, a New York City based private investment firm, will enable the company to bring new technologies to the pain market  resulting in substantial relief to people suffering from chronic back pain.

About Cortec Group

Cortec Group is a New York based private equity investment firm that targets middle-market manufacturing distribution and service companies with proprietary products or services and revenues in the range of $40 - $300 million.

About Neurotherm

Located in the United Kingdom, Neurotherm, LTD is a provider of radio frequency generators and consumables marketed for the primary purpose of providing relief to people suffering from chronic back pain. The Company markets the product directly in the UK and through distributors in 20 other countries.


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