American Capital Invests $11.7 Million in Livermore's Halt Medical

Livermore, Calif. -- American Capital, a Maryland-based private equity firm, said on Tuesday it has invested $11.7 million in Livermore-based Halt Medical, a medical device company focused on women's health. The investment was part of a $20 million debt and equity round for the company, which will utilize the funding as it moves toward FDA approval and commercialization of its products. Founded in 2005, Halt Medical has developed a procedure and related equipment for treating uterine fibroids that it says is less expensive and more effective than other alternatives. American Capital and an affiliate first invested in the company in 2007. 
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http://www.haltmedical.com/usindex.htm
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