Add-on Acquisition • Healthcare Services

Hanger Acquires Prosthetic Laboratories of Rochester

On July 2, 2014, Hanger acquired healthcare services company Prosthetic Laboratories of Rochester

Acquisition Context
  • This is Hanger’s 6th transaction in the Healthcare Services sector.
  • This is Hanger’s 33rd transaction in the United States.
  • This is Hanger’s 1st transaction in Minnesota.

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M&A Deal Summary

Date July 2, 2014
Target Prosthetic Laboratories of Rochester
Sector Healthcare Services
Buyer(s) Hanger
Deal Type Add-on Acquisition

Target Company

Prosthetic Laboratories of Rochester

Rochester, Minnesota, United States
Prosthetic Laboratories of Rochester, Inc. provides orthotic and prosthetic care services.
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Buyer Overview 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 founded in 1861 and is based in Austin, Texas.


Deal Context for Buyer #
Overall 33 of 33
Sector: Healthcare Services 6 of 6
Type: Add-on Acquisition 33 of 33
State: Minnesota 1 of 1
Country: United States 33 of 33
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-19 Snell s of Jackson

Jackson, Tennessee, United States

Snell's of Jackson,is a provider of prosthetics, orthotics, pedorthics, and post-mastectomy products.

Buy -