Announced
Completed
Financials
Sources
Tags
Medical Equipment
Single Bidder
United States
Majority
Acquisition
Domestic
Friendly
orthopedic devices
Private
Completed
Synopsis
DJO, a global provider of medical technologies, completed the acquisition of MedShape, a privately held orthopedic medical device company. Financial terms were not disclosed. "Based on our long-term success and deep relationships in both our Prevention & Recovery and Recon segments, we made a strategic decision to meaningfully expand into the fast-growing Foot and Ankle market. We believe our acquisitions of STAR®, Trilliant Surgical®, and now MedShape have created a strong position in the space and will create a rapid growth platform. MedShape’s patented technology and growing suite of foot & ankle innovations complement our existing portfolio and strengthen our key strategic imperative of superior clinical outcomes," Brady Shirley, DJO CEO.
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