3 transactions in the spine device industry in the past month

After a brief period of inactivity since the COVID-19 pandemic, the M&A market in the medical device industry is beginning to pick up again. 

Advertisement

Three transactions in the spine device industry in the past month:

Montagu Private Equity acquired RTI Surgical’s original equipment manufacturer business in a $480 million cash deal. RTI Surgical has rebranded as Surgalign Holdings and President and CEO Camille Farhat retired from the company. 

Wishbone Medical bolstered its portfolio with the acquisition of two spine device companies — Back 2 Basics Direct and Orbbö Surgical. The two companies focus on research, development and commercialization of sterile packaged implants and surgical tools for spinal fusion.

More articles on devices:
Spine robots at 4 device companies: How the tech is developing at Medtronic, Globus Medical & more
Dr. Andrew Dossett to chair Pro Football Hall of Fame’s new medical advisory board
5 orthopedic M&As involving 25+ physicians

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.