Morristown, New Jersey-based Tyber Medical LLC has acquired 100% of the capital of ADSM-Synchro Medical (ADSM), a French orthopedic medical device company.
The acquisition of ADSM will play a key role in strengthening Tyber Medical’s international presence and fueling its global growth strategy with a wider range of product options in the MIS bunion, PEEK hammertoe and screw fixation arenas. Terms of the deal were not disclosed.
ADSM specializes in the development and distribution of implants dedicated to treating surgical forefoot pathologies. Founded in 2010, ADSM has become a market leader in the European medical device industry with products like the ToeGrip Classic, the first hammer toe implant of its kind developed with PEEK material.
Tyber Medical is an orthopedic medical device manufacturer providing access to FDA-cleared and CE-marked private label, portfolio-enhancing, regulatory-approved orthopedic implants for the spinal, extremity and trauma markets. Since it was founded in 2012, the company has released more than 50 spine, extremity and trauma systems.
According to data captured from the LevinPro HC database, this acquisition marks the 14th Medical Devices deal of 2023. There were 120 Medical Devices transactions reported in 2022.
