Artivion - M&A Summary and Business Overview

Medical ProductsCompany

Artivion M&A Summary

Artivion has acquired 8 companies, including 2 in the last 5 years. It has also divested 4 assets.

Artivion’s largest acquisition to date was in 2017, when it acquired JOTEC for $225M. It’s largest disclosed sale occurred in 2021, when it sold CryoLife - PerClot Polysaccharide Hemostatic System Certain Assets to Baxter International for $61M. Artivion has acquired in 5 different US states, and 3 countries. The Company’s most targeted sectors include medical products (100%).

Artivion Business Overview

Where is Artivion headquartered?

Artivion is headquartered in Kennesaw, Georgia.

What is Artivion’s revenue?

Artivion disclosed revenue of 354M USD for 2023 and 314M USD for 2022.

How many employees does Artivion have?

Artivion has 1,500 employees.

What sector is Artivion in?

Artivion is a medical products company.

When was Artivion founded?

Artivion was founded in 1984.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity8
    • M&A Sell Activity4
  • Total Sectors Invested 1
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 6
  • M&A Advisors 4

Artivion

Artivion, Inc.

1655 Roberts Boulevard N.W.,
Kennesaw, Georgia 30144
United States,
(770) 419-3355
www.artivion.com

Artivion is a manufacturer, processor, and distributor of implantable living tissues and medical devices used in cardiac and vascular surgical procedures. Artivion was incorporated in 1984 and is based in Kennesaw, Georgia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 7 1 - - - - 8
vol $394M $200M $594M
Sell (0.2/yr) # 3 - 1 - - - 4
vol $34M $61M $94M
  12

Most Recent M&A

Company Date Value Type
CryoLife - PerClot Polysaccharide Hemostatic System Certain Assets 2021-07-29 61M USD Divestiture
Kennesaw, Georgia
Ascyrus Medical LLC 2020-09-02 200M USD Add-on Acquisition
Boca Raton, Florida · www.ascyrus.com
Endospan Ltd. 2019-09-11 - Add-on Acquisition
Herzlia, Israel · www.endospan.com
JOTEC GmbH 2017-10-10 225M USD Add-on Acquisition
Hechingen, Germany · www.jotec.com
ProCol Vascular Bioprosthesis 2016-03-18 - Divestiture
, United States
CryoLife - HeRO Graft Product Line 2016-02-04 19M USD Divestiture
, United States
On-X Life Technologies , Inc. 2015-12-22 130M USD Add-on Acquisition
Austin, Texas · www.onxlti.com
Genesee BioMedical - PhotoFix 2014-08-07 - Divestiture
, United States
ProCol Vascular Bioprosthesis 2014-03-27 - Divestiture
, United States
Hemosphere, Inc. 2012-05-16 17M USD Add-on Acquisition
Eden Prairie, Minnesota · www.herograft.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Medical Products 8 (100%) 594M (100%) 3 (75%) 34M (36%)
Life Science - - 1 (25%) 61M (64%)
Total 8 $594M 4 $94M

By Geo

State/Country Buy Value Sell Value
United States 6 369M 4 94M
  Texas 1 130M - -
  Minnesota 1 17M - -
  Florida 1 200M - -
  California 1 22M - -
  Georgia - - 1 61M
Germany 1 225M - -
Israel 1 - - -
Domestic 6 (75%) 369M (62%) 4 (100%) 94M (100%)
Cross-border 2 (25%) 225M (38%) - -
Total 8 $594M 4 $94M

Top M&A Advisors

Financial Deals
Canaccord Genuity Corp.
1
Legal Deals
Vinson & Elkins
2
Arnall Golden & Gregory
1
Wilson Sonsini Goodrich & Rosati
1

Deal Values

buy # Total
$100M to $1B 3 $555M
< $100M 2 $39M
TOTAL $594M
Largest JOTEC GmbH
$225M (2017-10-10)
sell # Total
< $100M 3 $94M
TOTAL $94M
Largest CryoLife - PerClot Polysaccharide Hemostatic System Certain Assets
$61M (2021-07-29)

M&A Connections

Deals
Acquired from
Strategic(s)
25%
2 (25%)
Divested to
Strategic(s)
100%
4 (100%)

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