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  6. Globus Medical Acquires Facet Solutions

M&A Deal Summary

Globus Medical Acquires Facet Solutions

On January 12, 2011, Globus Medical acquired medical products company Facet Solutions

Acquisition Highlights
  • This is Globus Medical’s 1st transaction in the Medical Products sector.
  • This is Globus Medical’s 1st transaction in the United States.
  • This is Globus Medical’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2011-01-12
Target Facet Solutions
Sector Medical Products
Buyer(s) Globus Medical
Deal Type Add-on Acquisition

Target

Facet Solutions

Hopkinton, Massachusetts, United States
Facet Solutions Inc. is in the development of total facet arthroplasty devices,

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Buyer(S) 1

Buyer

Globus Medical

Audubon, Pennsylvania, United States
Category Company
Founded 2003
Sector Medical Products
Employees5,300
Revenue 2.5B USD (2024)
DESCRIPTION

Globus Medical is a musculoskeletal implant manufacturer and is driving significant technological advancements across a complete suite of spinal products. Globus Medical was founded in 2003 and is based in Audubon, Pennsylvania.

DEAL STATS #
Overall 1 of 10
Sector: Medical Products M&A 1 of 7
Type: Add-on Acquisition M&A Deals 1 of 8
State: Massachusetts M&A 1 of 2
Country: United States M&A 1 of 9
Year: 2011 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-08 Soteira

Natick, Massachusetts, United States

Soteira, Inc. is a developing a system for treatment of vertebral compression fractures for patients with osteoporosis, cancer or traumatic injuries.

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