M&A Deal Summary

DJO Global Acquires LiteCure

On December 11, 2020, DJO Global acquired medical products company LiteCure from Summit Partners

Acquisition Highlights
  • This is DJO Global’s 7th transaction in the Medical Products sector.
  • This is DJO Global’s 8th transaction in the United States.
  • This is DJO Global’s 1st transaction in Delaware.

M&A Deal Summary
Date 2020-12-11
Target LiteCure
Sector Medical Products
Buyer(s) DJO Global
Sellers(s) Summit Partners
Deal Type Add-on Acquisition

Target

LiteCure

New Castle, Delaware, United States
website
LiteCure LLC is a medical device manufacturer that manufactures and distributes highly integrated bio-photonic instruments and medical lasers for the healthcare and veterinary care markets. LiteCure is based in New Castle, Delaware.

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Buyer(S) 1

Buyer

DJO Global

Vista, California, United States

website

Category Company
Founded 1978
Sector Medical Products
Revenue 1.2B USD (2018)
DESCRIPTION

DJO Global, Inc. is a manufacturer of rehabilitation and regeneration products for the non-operative orthopedic and spine markets. DJO Global offers a range of products includes rigid knee braces and soft goods, cold therapy, vascular systems, and bone stimulation and regeneration products. DJO Global, Inc. was founded in 1978 and is based in Vista, California.

DEAL STATS #
Overall 8 of 10
Sector (Medical Products) 7 of 9
Type (Add-on Acquisition) 7 of 9
State (Delaware) 1 of 1
Country (United States) 8 of 10
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-31 Exos

Arden Hills, Minnesota, United States

Exos is a medical device company focused on a revolutionary thermoformable external musculoskeletal stabilization system. Exos, based in Minnesota, has issued and pending U.S. patents for the application, materials and construction of its products and continues to add to its intellectual property portfolio. Exos offers a thermoformable bracing system, comprised of a waterproof, removable, adjustable and reformable solution for the treatment of fractures and other injuries requiring stabilization.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-19 Trilliant Surgical

Houston, Texas, United States

Trilliant Surgical is a provider of foot and ankle orthopedic implants. Trilliant Surgical creates and manufactures innovative and reliable products that deliver better patient outcomes while fostering meaningful relationships for the advancement of foot and ankle surgery. Trilliant Surgical was founded in 2007 and is based in Houston, Texas.

Buy -

Seller(S) 1

SELLER

Summit Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website

Category Growth Capital Firm
Founded 1984
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.

DEAL STATS #
Overall 249 of 281
Sector (Medical Products) 8 of 8
Type (Add-on Acquisition) 111 of 126
State (Delaware) 1 of 1
Country (United States) 220 of 243
Year (2020) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-10 Solactive

Frankfurt, Germany

Solactive is a technology-driven provider of index and index solutions to the global financial service industry. Solactive developed tailor-made and multi-asset class index solutions for ETFs and other index-linked investment products for leading global investment banks and asset managers worldwide. Solactive was founded in 2007 and is based in Frankfurt, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 OTR Solutions

Roswell, Georgia, United States

OTR Solutions provides industry-leading technology and financial services, tools, and support to small and medium-sized trucking companies. The company offers a wide range of services for the trucking community, including financing and back-office solutions, a dedicated fuel team, news and education, and innovative technology to help carriers and brokers start and grow successful operations. OTR Solutions was founded in 2011 and is based in Roswell, Georgia.

Buy -
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