Richards Packaging Income Fund Acquires HL Production and National Dental  

Richards Packaging Income Fund Acquires HL Production and National Dental  

Richards Packaging Income Fund announced that, through its subsidiary Clarion Medical Technologies Inc., it is purchasing National Dental Inc. and HL Production SA.  NewPoint Capital Partners Inc. acted as M&A advisor to Richards Packaging Income Fund in connection with the transactions.   National Dental Inc. is a Canadian provider of high-tech laser and diagnostic devices to the dental care industry. The company specializes in bringing to market innovations in lasers, cavity prevention products, intraoral scanners and dynamic navigation systems along with education and comprehensive implementation support to its dental customer practitioners.  National Dental was... Read More »
Demetra Holding Acquires Majority Stake in GetSet Surgical

Demetra Holding Acquires Majority Stake in GetSet Surgical

Demetra Holding announced that it is acquiring a 51% stake in GetSet Surgical. The acquisition will expand Demetra Holding’s offerings in the spine sector. GetSet Surgical is a Swiss spine surgical solutions provider. Founded in 2016 in Epalinges, Switzerland, GetSet Surgical is transforming conventional spine surgery practices by providing sterile-packed, ready-to-use implants and instruments. Headquartered in Milan, Italy, Demetra Holding is an independent international medical company providing anti-infective cements, spacers and biomaterials for orthopedic applications. The investment will integrate the strengths of both companies, establishing a new approach to spine and... Read More »
Globus Medical Buys Global Medical Device Company Nevro Corp.

Globus Medical Buys Global Medical Device Company Nevro Corp.

Globus Medical has entered into a definitive agreement to acquire all shares of Nevro Corp. in an all-cash transaction. The transaction is expected to close late in the second quarter of 2025. Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, Globus Medical will acquire all shares of Nevro for $5.85 per share. The transaction represents a total equity value of approximately $250 million. Nevro Corp. is a global medical device company that is delivering comprehensive solutions for the treatment of chronic pain. The company is headquartered in Redwood City, California. According to its fourth-quarter and full-year 2023 financial... Read More »
Globus Medical Buys Global Medical Device Company Nevro Corp.

Zimmer Biomet Buys Paragon 28 For Approximately $1.1 Billion

Zimmer Biomet Holdings, Inc. announced that it entered into a definitive agreement to acquire all outstanding shares of common stock of Paragon 28, Inc. for an upfront payment of $13 per share in cash. This corresponds to an equity value of approximately $1.1 billion and an enterprise value of approximately $1.2 billion. Based in Englewood, Colorado, Paragon 28 is a medical device company exclusively focused on the foot and ankle orthopedic segment and is dedicated to improving patient lives. The company was established in 2010 to address unmet and under-served needs of the foot and ankle community. Paragon 28 provides orthopedic solutions, procedural approaches and instrumentation that... Read More »
Demetra Holding Acquires Majority Stake in GetSet Surgical

Montagu Acquires Tyber Medical 

Montagu Private Equity announced on January 14 the acquisition of Tyber Medical for an undisclosed price. With this transaction, Montagu will merge Tyber Medical with its portfolio companies Intech and Resolve Surgical Technologies to create a new platform.   Tyber Medical is an orthopedic medical device manufacturer providing rapid access to FDA-cleared and CE-marked private label, 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.  Montagu Private Equity is one of Europe’s leading private equity firms, with assets under... Read More »
Boston Scientific Announces its First Transaction of 2025 for $443 Million 

Boston Scientific Announces its First Transaction of 2025 for $443 Million 

Boston Scientific announced its first deal of 2025. On January 8, Boston Scientific reported that it was acquiring the remaining 74% stake of Bolt Medical for $443 million, plus potential regulatory milestone payments of up to $221 million.  Bolt Medical is based in Carlsbad, California. It is a developer and manufacturer of an intravascular lithotripsy advanced laser-based platform for treating coronary and peripheral artery disease. The company is concurrently studying three unique catheter platforms for various arterial vessel beds. Boston Scientific helped establish Bold Medical in 2019 and prior to this transaction owned a 26% stake in the company.   With headquarters... Read More »