New York, April 16, 2007 – LAWFUEL – The Law Newswire – Universal Hospital Services, Inc. (UHS), a leading provider of medical equipment lifecycle services, announced today that it has entered into a definitive agreement to be acquired by Bear Stearns Merchant Banking, the private equity affiliate of The Bear Stearns Companies, Inc., for approximately $712 million. UHS is currently owned by the private equity firms J. W. Childs Associates and The Halifax Group and by UHS management.
The Kaye Scholer team was led by Stephen Koval, Thomas Yadlon, Monica Shulman, Jennifer Ahn
Laurie Abramowitz, Arthur Woodard and Connie Ericson.
About Kaye Scholer
Kaye Scholer refers to Kaye Scholer LLP and its affiliates, with offices in New York, Chicago, Frankfurt, London, Los Angeles, Shanghai, Washington, D.C. and West Palm Beach. Founded in New York City in 1917, Kaye Scholer now includes some 500 attorneys and represents public and private companies, governmental entities, financial institutions and other organizations in matters around the world. Additional information is available on the firm’s website: www.kayescholer.com.