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New Deal


Announced

Completed

Trendlines completed the acquisition of a 73.1% stake in OrthoSpin for $80m.

Financials

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Transaction Value£58m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned27%
Capital Bid For73%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Israel

Private

Majority

Friendly

Medical Equipment

Completed

orthopedic equipment

Acquisition

Domestic

Single Bidder

Private Equity

Synopsis

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The Trendlines Group, a private equity firm, completed the acquisition of a 73.1% stake in OrthoSpin, an orthopedics company, for $80m. "I am delighted to announce this news. I'm extremely proud of the team that succeeded in meeting critical and complex tasks during a worldwide pandemic and wish to thank all our partners who supported us throughout the journey. I look forward to continuing our journey with DePuy Synthes to bring a real revolution to the hexapod bone deformity market," Oren Cohen, OrthoSpin CEO.

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