M&A Deal Summary

Hanger Acquires Innovative Prosthetic Care

On August 20, 2012, Hanger acquired medical products company Innovative Prosthetic Care

Acquisition Highlights
  • This is Hanger’s 14th transaction in the Medical Products sector.
  • This is Hanger’s 17th transaction in the United States.
  • This is Hanger’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2012-08-20
Target Innovative Prosthetic Care
Sector Medical Products
Buyer(s) Hanger
Deal Type Add-on Acquisition

Target

Innovative Prosthetic Care

Gulfport,, Mississippi, United States
Innovative Prosthetic Care, is engaged in the design and delivery of prosthetic socket systems for prosthetic patients in the United States and internationally.

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Buyer(S) 1

Buyer

Hanger

Austin, Texas, United States
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 17 of 33
Sector (Medical Products) 14 of 27
Type (Add-on Acquisition) 17 of 33
State (Mississippi) 1 of 3
Country (United States) 17 of 33
Year (2012) 10 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-20 Genesis Medical Group

Lake Oswego, Oregon, United States

Genesis Medical Group, LLC offers prosthetics design and fitment services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-29 Orthopedic Associates of Grand Rapids P.C

Greenville, Michigan, United States

Orthopedic Associates of Grand Rapids is a provider of Orthopedic product service and supply in Greenville, Michigan.

Buy -
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