Divestiture • Medical Products

C2Dx Acquires Stryker - T/Pump Product

On February 16, 2021, C2Dx acquired medical products company Stryker - T/Pump Product from Stryker

Acquisition Context
  • This is C2Dx’s 1st transaction in the Medical Products sector.
  • This is C2Dx’s 1st transaction in the United States.
  • This is C2Dx’s 1st transaction in Michigan.

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M&A Deal Summary

Date February 16, 2021
Target Stryker - T/Pump Product
Sector Medical Products
Buyer(s) C2Dx
Sellers(s) Stryker
Deal Type Divestiture

Target Company

Stryker - T/Pump Product

Kalamazoo, Michigan, United States
The T/Pump provides localized temperature therapy for pain relief and patient comfort. It is often used for orthopedic conditions; acute injuries, chronic pain, and muscle strains, as well as skin trauma, burns, contusions, and other localized pain diagnoses, such as arthritis and neuritis.
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Buyer Overview 1

Buyer

C2Dx

Schoolcraft, Michigan, United States

Category Company
Founded 2019
Sector Medical Products
DESCRIPTION

C2Dx is a medical device company that invests in and refines the delivery of valuable, niche products to propel their growth and accessibility worldwide. C2Dx is committed to providing leading medical products and superior customer service while continually evolving to ensure that healthcare providers have the devices and technology they need.


Deal Context for Buyer #
Overall 1 of 2
Sector: Medical Products 1 of 2
Type: Divestiture 1 of 1
State: Michigan 1 of 1
Country: United States 1 of 2
Year: 2021 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 Hemostatix

Bartlett, Tennessee, United States

Hemostatix is a medical device company that enables precise anatomical dissection and immediate hemostasis with its surgically sharp scalpel blade. Hemostatix is based in Bartlett, Tennessee.

Buy -

Seller Profile 1

SELLER

Stryker

Portage, Michigan, United States

Category Company
Founded 1941
Sector Medical Products
Employees52,000
Revenue 22.6B USD (2024)
DESCRIPTION
Stryker's headquarters in Portage, Michigan.
Stryker's headquarters in Portage, Michigan.

Stryker is a medical technology company that offers innovative products and services in MedSurg, Neurotechnology and Orthopaedics including implants, surgical equipment, and surgical navigation systems, endoscopic and communications systems, patient handling and emergency medical equipment, neurosurgical, neurovascular and spinal devices. Stryker was founded in 1941 and is based in Portage, Michigan.


Deal Context for Seller #
Overall 4 of 5
Sector: Medical Products 2 of 3
Type: Divestiture 4 of 5
State: Michigan 2 of 3
Country: United States 4 of 5
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 OrthoSensor

Dania Beach, Florida, United States

OrthoSensor is a producer of sensor technology for musculoskeletal care and total joint replacement.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-07 Gauss Surgical

Menlo Park, California, United States

Gauss Surgical is a medical device company that has developed Triton™, an artificial intelligence-enabled platform for real-time monitoring of blood loss during surgery.

Buy -