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New Deal


Announced

Enovis to acquire the Novastep business of PAI Partners-backed Amplitude Surgical.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Medical Equipment

orthopaedic products

Private

Majority

Pending

medical products

Cross Border

Friendly

Private Equity

France

Acquisition

Single Bidder

Synopsis

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Enovis, a medical technology company, agreed to acquire the Novastep business of PAI Partners-backed Amplitude Surgical, a French player on the surgical technology market. Financial terms were not disclosed. "The signing of this agreement for the sale of 100% of Novastep to Enovis will allow Amplitude Surgical to maximize the value creation of its historical activity while continuing its growth trajectory. We are delighted that a prestigious company such as Enovis, with whom we share the same values, can take over the development of Novastep, whose innovative solutions are unanimously recognized by the professional healthcare community. I would like to thank the management of Novastep for this journey that created a leading player in Minimally Invasive Surgery in foot and ankle solutions," Olivier Jallabert, Amplitude Surgical CEO.

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