Below is my list of key acquisitions in Orthopedics by date.
You will see the pattern that most acquired companies were startups.
Click the links to read more about each acquisition.
If I missed one, let me know… tiger@TigerBuford.com
Nov2019
- Wright Medical is acquired by Stryker for $5.4B (6 X sales)
Sep2019
- ⓢ JointPoint is acquired by DePuy Synthes for undisclosed
- ⓢ Mobium Imaging is acquired by Stryker for $500M
Aug2019
- Stelkast in acquired by Globus Medical for $28M
Jul2019
- ⓢ Link Spine is acquired by Ceiling Spine for undisclosed
- ⓢ Atracsys Sarl (optical system for robotics) is acquired by Smith and Nephew for undisclosed
Jun2019
- ⓢ Vilex is acquired by OrthoPediatrics for $60M (5 X sales)
May2019
- ⓢ Titan Spine is acquired by Medtronic for undisclosed
- ⓢ Vertiflex is acquired by Boston Scientific for $465M
Mar2019
- ⓢ OMNI is acquired by Corin for undisclosed
- ⓢ OrthoSpace is acquired by Stryker for $220M
- ⓢ Osiris Therapeutics is acquired by Smith and Nephew for $660M
Feb2019
- SEGWAY Orthopaedics is acquired by Trice Medical for undisclosed
Jan2019
- Renovis Surgical Technologies is acquired by Kyocera for undisclosed
Dec2018
- Centerix Orthopaedics acquired by Smith and Nephew for $105M
Nov 2018
- DJO Global acquired by Colfax, a non-medical company for $3.15B (2.6 X sales)
- Paradigm Spine is acquired by RTI Surgical for $300M (7.5 X sales)
Sep 2018
- Mazor Robotics is acquired by Medtronic for $1.6B (13.5 X sales last year)
- Invuity is acquired by Stryker for $190M (4.9 X sales)
Aug 2018
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K2M is acquired by Stryker for $1.6B in a stock purchase at (5.2 X sales)
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Cartiva acquired by Wright Medical for $435M cash (12.4 X sales)
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EIT is acquired by DePuy Synthes for undisclosed in Germany
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Amedica’s spine business is acquired by CTL Medical for less than $10M
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ⓢ Surgimap is acquired by Globus Medical for undisclosed
- ⓢ Maxim Surgical is acquired by Fuse Medical for $3M in a stock transaction
May 2018
- ⓢ Expanding Orthopedics is acquired by CoreLink for undisclosed
- Corin Orthopaedics is acquired by Permira, an EU private equity group for undisclosed
- ⓢ Medical Enterprises is acquired by DePuy Synthes for its battery powered impactor for hip broaching for undisclosed
- Bradshaw Medical is acquired by In’Tech Medical for undisclosed
Apr 2018
- Paragon Medical is acquired by NN for $375M cash
- JRI Orthopaedics (UK) is acquired by AK Medical (China) for $24M
Mar 2018
- Skeletal Kinetics is acquired by Orthofic for $105M (7 X sales)
- ⓢ SafeOp is acquired by AlphaTec Spine for $27M cash plus stock
Feb 2018
- ⓢ Orthotaxy, a French software-enabled surgery startup, is acquired by J&J DePuy for undisclosed
Jan 2018
- ⓢ Zyga Technologies is acquired by RTI Surgical for $35M (8.8 X sales)
Dec 2017
- ⓢ IMASCAP, a company with shoulder replacement pre-op planning software, is acquired by Wright Medical for $89M
Oct 2017
- ⓢ VEXIM is acquired by Stryker for $218M (~7 X sales)
- ⓢ Rotation Medical is acquired by Smith & Nephew for $210M
- Exactech is acquired by TPG Capital for $625M
Sept 2017
- ⓢ Vertera Spine acquired by NuVasive for undisclosed
July 2017
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- ⓢ Sonoma Orthopedic Products acquired by Arthrex for undisclosed (no public announcements)
- ⓢ Medshape’s ExoShape ACL portfolio is acquired by ConMed for undisclosed
- Thortex and Millennium Surgical acquired by Avalign Technologies for undisclosed
June 2017
- ⓢ Sentio nerve location technology for spine acquired by J&J DePuy Synthes for undisclosed.
Apr 2017
- ⓢ Spinal Elements acquired by Amendia for undisclosed
- ⓢ Technology from Tissue Regeneration Systems (3D printing tissue) is acquired by Depuy Synthes for undisclosed
Feb 2017
- OsteoMed’s spine assets are acquired by Wenzel Spine for undisclosed
- Exactech’s spine assets are acquired by ChoiceSpine for undisclosed
Jan 2017
- ⓢ Interventional Spine’s assets are acquired by J&J DePuy Synthes for undisclosed
Sept 2016
- ⓢ Ivy Sports Medicine is acquired by Stryker for undisclosed
- ⓢ Clinical Graphics, an imaging company to diagnose hip impingement, is acquired by Zimmer Biomet for undisclosed
- ⓢ Instratek’s portfolio of staple and hammertoe implants and MIS soft tissue recession instrumentation is acquired by Stryker for undisclosed
Aug 2016
- ⓢ NLT Spine acquired by SeaSpine for $53M
July 2016
- ⓢ French robotics company, Medtech with technology for MIS spine procedures, Medtech, is acquired by Zimmer Biomet for $77M
- ⓢ DFine is acquired by Merit Medical for $98M
- Wright Medical’s Tornier line of hips/knees is acquired by Corin for $38M
June 2016
- LDR Spine is acquired by Zimmer Biomet for $1B
- ⓢ Responsive Orthopedics acquired by Medtronic for undisclosed
- ⓢ ISTO Technologies is acquired by a private equity firm for undisclosed
May 2016
- ⓢ BME is acquired by DePuy Synthes for undisclosed
- Symmetry Surgical is acquired by RoundTable Health Partners for $129M (1.5 X sales)
Apr 2016
- Stanmore Implants acquired by Stryker for $52M cash
- ⓢ Cayenne Medical acquired by Zimmer-Biomet for $150M (7.5 X sales)
- ⓢ SafeWire acquired by Stryker for undisclosed
Jan 2016
- ⓢ Ellipse Technologies acquired by NuVasive for $410M cash (~10 X sales) Read – An inside look at a successful startup – Ellipse Technologies
- ⓢ BST-CarGel acquired by Smith and Nephew for undisclosed
Dec 2015
- ⓢ BioStructures is acquired by Bioventus for undisclosed
Nov 2015
- ⓢ Blue Belt Technologies with its Navio robotics system is acquired by Smith and Nephew for $275M
Sept 2015
- ⓢ Tornier’s Salto Total Ankle Replacement portfolio acquired by Integra LifeSciences for undisclosed
July 2015
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- ⓢ Custom Spine is acquired by Amendia for undisclosed
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- ⓢ X-Spine acquired by Bacterin for $107M and renames it Xtant Medical
- ⓢ Russian trauma and orthopaedics business acquired by Smith and Nephew for undisclosed
- ⓢ TEI Biosciences acquired by Integra LifeSciences for $312M (4X last years sales)
June 2015
- ⓢ SpineSelect assets are acquired by Amendia for undisclosed
April 2015
- ⓢ Spinal Modulation acquired by St Jude for $215M total including original investment
February 2015
- ⓢ Baxano Surgical’s VEO Lateral Access & Interbody System is acquired by ChoiceSpine after the Baxano declared bankruptcy for an undisclosed sum.
- ⓢ Branch Medical Group, a Penn manufacturer, is acquired by Globus Medical for $53M
- ⓢ German Orthopedic Manufacturer acquired by Paragon Medical for an undisclosed sum
January 2015
- ⓢ BlueOrtho, a French joint navigation company, acquired by Exactech for $9.25M
November 2014
- ⓢ Optimized Ortho acquired by Corin for undisclosed
October 2014
- Wright Medical and Tornier merge in an all-stock trade deal
- ⓢ Allograft maker Transplant Technologies acquired by Globus for undisclosed
- ⓢ OrthoView acquired by Materialise for $12.3M
- ⓢ OsteoAMP produce line acquired by Bioventus for undisclosed
- ⓢ ETEX acquired by Zimmer for undisclosed
August 2014
- Symmetry Surgical acquired by Tecomet for $450M
June 2014
- ⓢ Small Bone Innovations (SBI) acquired by Stryker for $375M in cash
- Covidien acquired by Medtronic for $42.9B
Apr 2014
- Biomet acquired by Zimmer for $13.35B
Feb 2014
- ArthroCare acquired by Smith and Nephew for $1.7B
- ⓢ Pivot Medical acquired by Stryker for undisclosed
Jan 2014
- ⓢ Solana Surgical, a foot & ankle startup, acquired by Wright Medical for $90M
- ⓢ OrthoPro, a foot & ankle startup, acquired by Wright Medical for $35M
- ⓢ Excelsius Surgical, robotics spine patient positioning startup, acquired by Globus Medical for undisclosed
- Covidien’s Duraseal product line a dural sealant is acquired by Integra LifeSciences for $235M
Oct 2013
- ⓢ Pipeline Orthopedics acquired by MAKO Surgical for $2.5M
- ⓢ Biotech Intl, French Foot & Ankle co, is acquired by Wright Medical for $80M
- Lanx is acquired by Biomet for undisclosed
- ⓢ Osiris’ culture expanded stem-cell business is acquired by Mesoblast for $100M
Sept 2013
- MAKO Surgical is acquired by Stryker for $1.65B (13 X sales)
June 2013
- Wright Medical’s Hip and Knee business is acquired by MicroPort for $290M
- ⓢ Pioneer Surgical Technology is acquired by RTI Biologics for $130M cash
- ⓢ NORMED Medizin-Technik, a German foot/ankle, hand and wrist company, acquired by Zimmer for undisclosed
May 2013
- ⓢ Knee Creations, a subchondralplasty startup, is acquired by Zimmer for an undisclosed amount.
- ⓢ Orthotic Holdings Inc, a Foot and Ankle plating company is acquired by Frazier Healthcare, a VC, for an undisclosed amount.
Mar 2013
- ⓢ Baxano is acquired by TranS1 for $26.3M
Jan 2013
- ⓢ Chinese Orthopedic company Trauson Holdings is acquired by Stryker for $764M
- ⓢ Exos Corporation is acquired by DJO Global for an undisclosed amount
Nov 2012
- ⓢ Biomimetic Therapeutics growth factor is acquired by Wright Medical for $190M cash and stock
- ⓢ Corin is acquired by Italian Orthopedic consortium 2IL Orthopaedics for $50M in cash
Oct 2012
- ⓢ Santa Clara Technology’s Titanium Expandable cage technology is acquired by Spine Wave for undisclosed
Sept 2012
- ⓢ China Kangui (joints, trauma, spine) is acquired by Medtronic for $816M cash
- ⓢ spine startup Phygen is acquired by Alphatec Spine for $15.2M stock and cash
Aug 2012
- ⓢ OrthoHelix’s Foot/Ankle trauma business is acquired by Tornier for $135M (4.6 X annual sales)
June 2012
- China’s Mindray Medical International, (MR) the world’s No. 3 maker of patient monitors, expanded into a new field last month by acquiring Wuhan Dragonbio Surgical Implant for $35.5M (4.6 X annual sales)
- ⓢ Spinal USA and Precision Medical of Mississippi acquired by Precision Spine for $72M
May 2012
- Kensey Nash acquired by DSM for $360M
Apr 2012
- DePuy’s Trauma business is acquired by Biomet for $280M
Feb 2012
- Sandvic Medicial Solutions unit is acquired by Orchid Orthopedic Solutions for an undisclosed amount
Jan 2012
- ⓢ Synvasive Technologies acquired by Zimmer for an undisclosed amount
- ⓢ Cascade Medical Enterprises’ PRP & PRFM Technologies acquired by MTF for an undisclosed amount
Dec 2011
- Symmetry Medical acquired J&J’s Codman Surgical Instruments business for $165M
- ⓢ Synovis (soft tissue repair) acquired by Baxter for $325M
Nov 2011
- ⓢ ExtraOrtho acquired by Zimmer for an undisclosed amount
Sept 2011
- Impulse Monitoring acquired by NuVasive for $80M
- ⓢ Ascension Orthopedics acquired by Integra LifeSciences for $65M
- ⓢ Suzhou Best acquired by Microport Orthopedics for $17M
July 2011
- ⓢ Salient Surgical acquired by Medtronic for $525M
- ⓢ PEAK Surgical acquired by Medtronic for $120M
- KCI acquired by private equity firm Apax Partners for $6.3B
- Beijing Montagne Medical Device acquired by Zimmer for undisclosed
- Arthrocare’s Parallax and Contour spine lines acquired by NeuroTherm for undisclosed
- Robinson MedSurg acquired by Bacterin for $1M
June 2011
- ⓢ Memometal Technologies acquired by Stryker for $162M
- ⓢ Amplitude acquired by Apax France, a large joint manufacturer for $66M
- ⓢ Voyant Health acquired by Brainlab for $10M
- TENET Medical Engineering acquired by Smith & Nephew for undisclosed
- Orchid Orthopedic Solutions acquired by Altor for undisclosed
May 2011
- ⓢ SeaSpine acquired by Integra Orthopaedics for $89M
- ⓢ Orthovita acquired by Stryker for $316M
- ⓢ Norian assets of Synthes acquired by Kensey Nash for $22M
- ⓢ Impliant was acquired by Premia Spine for undisclosed
- ⓢ ProChon Biotech acquired by Histogenics for stock
April 2011
- Synthes acquired by Johnson & Johnson for $21.3B
- Smith & Nephew Interventional Spine Pain Mgmt acquired by NeuroTherm for undisclosed
March 2011
- ⓢ Applied Spine Technologies was acquired by Rachiotek for undisclosed
- ⓢ NovaLign (certain IP) acquired by FlexFix/VentureMD for undisclosed
- Beijing Wei Rui Li Medical (majority stake) was acquired by China Kanghui for undisclosed
Feb 2011
- Genzyme was acquired by Sanofi-aventis for $20.1B
- ⓢ NovaLign (certain intramedullary designs) acquired by Sonoma Orthopedic for undisclosed
Jan 2011
- Cardo Medical’s joint arthroplasty assets was acquired by Arthrex for undisclosed
- ⓢ Nerites acquired by Kensey Nash for $20M
- ⓢ Townsend Design acquired by Thuasne for undisclosed
- ⓢ Facet Solutions was acquired by Globus Medical for undisclosed
Dec 2010
- ⓢ Surgical Biologics acquired by MiMedx for undisclosed
- Stryker’s OP-1 bone growth factor acquired by Olympus for $60M
- Sodem Diffusion/SoPlus power tools acquired by Zimmer for undisclosed
- ⓢ Small Bone Innovations’s shoulder assets acquired by FX Solutions for undisclosed
Nov 2010
- Anspach was acquired by Synthes for undisclosed
Oct 2010
- ⓢ Porex Surgical acquired by Stryker for undisclosed
- ⓢ Acrobot was acquired by Stanmore Implants for undisclosed
Sep 2010
- ⓢ US Spine acquired by Amedica for undisclosed
Aug 2010
- Osteotech acquired by Medtronic for $123M
- ⓢ VertiFlex (certain spine assets) acquired by Exactech for undisclosed
July 2010
- Cytosol Labs was acquired by Biomet for undisclosed
- OrthoIT3 acquired by Global-Med Technologies for undisclosed
May 2010
- ⓢ Brighton Partners polyethylene technology was acquired by Exactech for $5.5M
April 2010
- ⓢ Eska Implants was acquired by Summit Medical for undisclosed
- ⓢ Synergetics’ Sonopet/Omni lines acquired by Stryker for $3M
March 2010
- ⓢ ApaTech was acquired by Baxter for $330M
- ⓢ Praxim Orthopaedic acquired by Synergy for undisclosed
- ⓢ iBalance was acquired by Arthrex for undisclosed
- ⓢ BoneGrafix (minority stake) was acquired by Global Biotech for undisclosed
Feb 2010
- ⓢ Advanced Bio-Surfaces’ OrthoGlide ankle was acquired by Memometal Technologies for undisclosed
Dec 2009
- ⓢ Scient’X acquired by Alphatec Spine for $116M
