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New Deal


Announced

Completed

NuVasive completed the acquisition of Simplify Medical for $150m.

Financials

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Transaction Value£106m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private

Single Bidder

Acquisition

medical devices

Majority

United States

Medical Equipment

Completed

Friendly

Synopsis

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NuVasive, a provider of technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, completed the acquisition of Simplify Medical, a medical device company, for $150m. "The acquisition of Simplify Medical advances our previously communicated long-term growth strategy by both expanding, and further distinguishing, our portfolio with industry-leading innovation. Combining the Simplify Disc with NuVasive's C360 portfolio will enable us to provide surgeons with world-class cervical technology, regardless of their preferred procedural approach. We are excited about the opportunities this acquisition creates as we work to optimize the surgeon experience, advance the standard of care, and create value for shareholders," J. Christopher Barry, NuVasive CEO.

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