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Announced

Completed

SeaSpine completed the acquisition of 7D Surgical for $110m.

Financials

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Transaction Value£79m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

optical technologies

Medical Equipment

Majority

Canada

Private

Single Bidder

Acquisition

Cross Border

Completed

Synopsis

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SeaSpine Holdings, a global medical technology company, completed the acquisition of 7D Surgical, a developer of advanced optical technologies and machine vision-based registration algorithms, for $110m. "We are truly excited to welcome the 7D Surgical team and their market-leading Flash Navigation technology to the SeaSpine family. The acquisition of 7D Surgical brings an additive core competency to the organization and complements our innovative philosophy and approach to improving spine surgery by delivering clinical value and improving surgeon, staff and patient safety profile compared to other navigation technologies in the market," Keith C. Valentine, SeaSpine President and Chief Executive Officer.

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