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New Deal


Announced

Alphatec to acquire EOS Imaging for $117m.

Financials

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Transaction Value£87m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium41%
One Off Charge-

Tags

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Acquisition

Pending

Majority

Single Bidder

Private Equity

Cross Border

Medical Services

medical imaging

France

Friendly

Tender Offer

Public

Synopsis

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Alphatec, a medical device company dedicated to revolutionizing the approach to spine surgery, agreed to acquire EOS Imaging, a medical device company based in Paris, for $117m. The transaction will be supported by a placement led by Squadron Capital. "SafeOp has substantiated the value of clinically actionable information by accelerating product adoption across our portfolio. Our original investment thesis for EOS as a solution to better inform surgery never changed. With this transaction, we take another major step toward distinguishing ATEC clinical performance with improved information from diagnosis through follow-up," Pat Miles, Alphatec Chairman and CEO.

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