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New Deal


Announced

Completed

Medtronic completed the acquisition of Titan Spine.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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interbody fusion

Friendly

United States

Acquisition

Single Bidder

medical technology

Medical Equipment

Completed

interbody fusiion

Majority

Private

Synopsis

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Medtronic, a medical technology provider, completed the acquisition of Titan Spine, a privately-held titanium spine interbody implant and surface technology company. Financial terms were not disclosed. "Titan Spine is thrilled to enter into a definitive agreement with Medtronic, who have long been the leading organization within the spine industry. Combining Titan Spine's groundbreaking nanoLock® surface technology with Medtronic's commercial strength will make a dramatic impact on the spine market, particularly for the improvement of patient outcomes," Peter Ullrich, Titan Spine CEO.

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