M&A Deal Summary

Anika Acquires Arthrosurface

On February 3, 2020, Anika acquired medical products company Arthrosurface for 60M USD

Acquisition Highlights
  • This is Anika’s 2nd transaction in the Medical Products sector.
  • This is Anika’s largest (disclosed) transaction.
  • This is Anika’s 2nd transaction in the United States.
  • This is Anika’s 1st transaction in Massachusetts.
Investment Fate
  • Arthrosurface was divested to a consortium of strategic buyers in 2024 for 10M USD.

M&A Deal Summary
Date 2020-02-03
Target Arthrosurface
Sector Medical Products
Buyer(s) Anika
Deal Type Add-on Acquisition
Deal Value 60M USD

Target

Arthrosurface

Franklin, Massachusetts, United States
Arthrosurface is a provider of joint surface and preservation solutions for active patients. Arthrosurface was founded in 2001 and is based in Franklin, Massachusetts.

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Buyer(S) 1

Buyer

Anika

Bedford, Massachusetts, United States
Category Company
Founded 1983
Sector Medical Products
Employees357
Revenue 167M USD (2023)
DESCRIPTION

Anika is a developer, manufacturer and commercializes therapeutic products for tissue protection, healing and repair. These products are based on hyaluronic acid (HA), a naturally occurring polymer found throughout the body. Anika was incorporated in 1983 and is based in Bedford, Massachusetts.

DEAL STATS #
Overall 3 of 3
Sector (Medical Products) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Massachusetts) 1 of 1
Country (United States) 2 of 2
Year (2020) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 Parcus Medical

Sarasota, Florida, United States

Parcus Medical LLC designs, manufacture and distributes implants and instrumentation used by orthopedic surgeons in sports medicine procedures to repair the shoulder, knee, hip, and distal extremities. Parcus Medical was founded in 2007 and is based in Sarasota, Florida.

Buy $35M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-31 Arthrosurface

Franklin, Massachusetts, United States

Arthrosurface is a provider of joint surface and preservation solutions for active patients. Arthrosurface was founded in 2001 and is based in Franklin, Massachusetts.

Sell $10M
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