M&A Deal Summary

Stryker Acquires Zipline Medical

On December 1, 2019, Stryker acquired medical products company Zipline Medical

Acquisition Highlights
  • This is Stryker’s 31st transaction in the Medical Products sector.
  • This is Stryker’s 27th transaction in the United States.
  • This is Stryker’s 5th transaction in California.

M&A Deal Summary

Date 2019-12-01
Target Zipline Medical
Sector Medical Products
Buyer(s) Stryker
Deal Type Add-on Acquisition

Target

Zipline Medical

Campbell, California, United States
Zipline Medical has developed skin closure products to help remove and eliminate skin puncture during non-invasive surgery. Zipline Medical is headquartered in Campbell, California.

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Buyer(S) 1

Buyer

Stryker

Kalamazoo, Michigan, United States

Category Company
Founded 1941
Sector Medical Products
Employees52,000
Revenue 20.5B USD (2023)
DESCRIPTION
Stryker's corporate headquarters in Kalamazoo, Michigan.
Stryker's corporate headquarters in Kalamazoo, Michigan.

Stryker is a medical technology company. Stryker's products include implants used in joint replacement and trauma surgeries; surgical equipment and surgical navigation systems; endoscopic and communications systems; patient handling and emergency medical equipment; neurosurgical, neurovascular and spinal devices; as well as other medical device products used in a variety of medical specialties. Stryker was founded in 1941 and is based in Kalamazoo, Michigan.


DEAL STATS #
Overall 41 of 48
Sector (Medical Products) 31 of 35
Type (Add-on Acquisition) 35 of 42
State (California) 5 of 8
Country (United States) 27 of 33
Year (2019) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-04 Wright Medical Group N.V.

Amsterdam, Netherlands

Wright Medical Group N.V. is a medical device company focused on extremities and biologics. Wright Medical Group was founded in 1950 and is based in Amsterdam, Netherlands.

Buy $5.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-14 Stryker - Value-Based Care Business

Kalamazoo, Michigan, United States

Stryker Corp. - Value-Based Care Business (BPCI) is a value-based care convener business and segments of health system orthopedic service line analytics subscription business.

Sell -