M&A Deal Summary

Hanger Acquires Rainier Surgical Inc & Ortho-Medical Products

On August 3, 2011, Hanger acquired medical products company Rainier Surgical Inc & Ortho-Medical Products

Acquisition Highlights
  • This is Hanger’s 5th transaction in the Medical Products sector.
  • This is Hanger’s 7th transaction in the United States.

M&A Deal Summary
Date 2011-08-03
Target Rainier Surgical Inc & Ortho-Medical Products
Sector Medical Products
Buyer(s) Hanger
Deal Type Add-on Acquisition

Target

Rainier Surgical Inc & Ortho-Medical Products

United States
Rainier Surgical, Inc. engages in the sale, service, distribution, and marketing of orthopedic durable medical equipment for physicians, clinics, hospitals, and surgery centers. Ortho-Medical Products, Inc. offers durable medical, respiratory, orthotic, and prosthetic equipment.

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Buyer(S) 1

Buyer

Hanger

Austin, Texas, United States

website

Category Company
Founded 1861
Sector Medical Products
Employees5,200
Revenue 1.1B USD (2021)
DESCRIPTION
Hanger's corporate headquarters in Austin, Texas.
Hanger's corporate headquarters in Austin, Texas.

Hanger is a provider of orthotic and prosthetic (O&P) services and products. Hanger distributes branded and private label O&P devices, products, and components, and provides rehabilitative solutions. Hanger was formed in 1861 and is based in Austin, Texas.

DEAL STATS #
Overall 7 of 33
Sector (Medical Products) 5 of 27
Type (Add-on Acquisition) 7 of 33
Country (United States) 7 of 33
Year (2011) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-01 BioConcepts

Burr Ridge, Illinois, United States

BioConcepts, Inc. owns and operates a clinic that provides orthotic and prosthetic care to patients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-30 Gadsden Limb & Brace

Gadsden, Alabama, United States

Gadsden Limb & Brace, Inc. is a provider of orthotic, pedorthic, and prosthetic services. Company offers custom-fitted and designed orthotics and prosthetics.

Buy -
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