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New Deal


Announced

Completed

Nextremity Solutions completed the acquisition of Lakeland Technology.

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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United States

Acquisition

Completed

Medical Equipment

Private

medical devices

Friendly

Single Bidder

Majority

Synopsis

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Nextremity Solutions, a strategic commercialization organization with a focus in the extremity market, completed the acquisition of Lakeland Technology, a privately held contract manufacturer for the medical device industry. Financial terms were not disclosed. "As a company focused on rapid development and commercialization of new technologies, it’s critical that we have the capability to quickly manufacture prototypes while being able to efficiently transition to production level volumes. Adhering to high quality standards and ensuring timely delivery of our Revenue Ready® solutions benefits our strategic partners and distribution channels. We are looking forward to having increased capabilities at our disposal in order to best serve surgeons and patients," Ryan Schlotterback, Nextremity Solutions CTO.

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