6 recent orthopedic, spine device company mergers & acquisitions
Here are six spine and orthopedic company transactions in the past month.
OrthoPediatrics acquired Vilex, a foot and ankle surgical device company, for $50 million cash and $10 million in stock. Vilex has both an adult and a pediatric portfolio.
Smith & Nephew closed its acquisition of Brainlab, boosting its orthopedic joint replacement business. Smith & Nephew will begin integrating the Brainlab platform into the next version of its robotic surgery platform, Navio 7.0.
Exactech expanded its reach in the foot and ankle market with the acquisition of medical device company EPIC Extremity, which designs bone and joint restoration products and biologic solutions for extremities, knees and hips.
Global pediatric orthopedic company, WishBone Medical, acquired CSpine. This is Wishbone's third acquisition in the past six months; it acquired Response Ortho and Red Star Contract Manufacturing in November last year.
Denver-based intraoperative neuromonitoring company Assure Holdings acquired Parker, Colo.-based professional IONM company, Littleton Professional Reading, for $700,000. Little managed around 375 spine and neurosurgery cases in 2018.
New York-based medical device manufacturer Misonix agreed to acquire privately held wound-healing company Solys Medical of Newport News, Va., in an all-stock transaction valued at $97 million. The boards of both companies approved the deal, which is slated for completion in the third quarter of 2019.