Announced
Financials
Tags
Medical Equipment
orthopaedic products
Private
Majority
Pending
medical products
Cross Border
Friendly
Private Equity
France
Acquisition
Single Bidder
Synopsis
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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