Tuesday, December 22, 2015

AVACEN Medical Hires Investment Banker, Looks For Buyer

San Diego-based AVACEN Medical, a developer of medical devices for treating fibromyalgia, said this morning that it has retained investment banker Objective Capital Partners, and is looking to sell the company. AVACEN Medical is led by Thomas G. Muehlbauer. The company said the attempt to sell the company came after the company decided it was in the "best interest of its shareholders" to offer itself up as an acquisition target.

---