Add-on Acquisition • Healthcare Services

Corin Group Acquires OMNI Orthopaedics

On March 6, 2019, Corin Group acquired healthcare services company OMNI Orthopaedics

Acquisition Context
  • This is Corin Group’s 1st transaction in the Healthcare Services sector.
  • This is Corin Group’s 1st transaction in the United States.
  • This is Corin Group’s 1st transaction in Ohio.

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M&A Deal Summary

Date March 6, 2019
Target OMNI Orthopaedics
Sector Healthcare Services
Buyer(s) Corin Group
Deal Type Add-on Acquisition
Advisor(s) Piper Sandler & Co. (Financial)
Foley Hoag (Legal)

Target Company

OMNI Orthopaedics

Canton, Ohio, United States
OMNI Orthopaedics treats a full range of orthopedic problems and pioneer in robotic-assisted total knee replacement. Their OMNIBotics is an imageless total knee replacement solution which combines a robotic cutting guide with the world’s first robotic tool to measure ligament function. The system allows tailoring of the implant positioning to each individual patient, resulting in less patient pain and faster rehabilitation. OMNI Orthopaedics was formed in 1999 and is based in Canton, Ohio.
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Buyer Overview 1

Buyer

Corin Group

Cirencester, United Kingdom

Category Company
Founded 1985
Sector Medical Products
DESCRIPTION

Corin Group is an international orthopaedic company with a direct presence in a majority of the world’s orthopaedic markets. Corin’s vision is to revolutionize orthopaedics by gaining, understanding and sharing insight at every stage of the arthroplasty experience. The unique combination of shared knowledge and clinically-proven implants delivers better outcomes and maximises healthcare value for patients, surgeons and healthcare providers. Corin Group was founded in 1985 and is based in Cirencester, United Kingdom.


Deal Context for Buyer #
Overall 2 of 2
Sector: Healthcare Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: Ohio 1 of 1
Country: United States 1 of 1
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-04 Global Orthopaedic Technology Pty

Baulkham Hills, Australia

Global Orthopaedic Technology Pty Ltd. is the largest Australian-owned orthopaedic implant designer and manufacturer. Our mission is to engage with Australia’s finest surgeons, developing new and innovative products and solutions that meet the needs of both the surgeons and their patients.

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