M&A Deal Summary

Hanger Acquires US Orthotics & Prosthetics

On June 1, 2011, Hanger acquired medical products company US Orthotics & Prosthetics

Acquisition Highlights
  • This is Hanger’s 4th transaction in the Medical Products sector.
  • This is Hanger’s 6th transaction in the United States.
  • This is Hanger’s 1st transaction in Virginia.

M&A Deal Summary
Date 2011-06-01
Target US Orthotics & Prosthetics
Sector Medical Products
Buyer(s) Hanger
Deal Type Add-on Acquisition

Target

US Orthotics & Prosthetics

Fredericksburg, Virginia, United States
US Orthotics & Prosthetics, Inc. is engaged in the development of prosthetic products including artificial limbs, braces, mastectomy prostheses, and vehicle hand controls.

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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 6 of 33
Sector (Medical Products) 4 of 27
Type (Add-on Acquisition) 6 of 33
State (Virginia) 1 of 1
Country (United States) 6 of 33
Year (2011) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-01 BioConcepts

Burr Ridge, Illinois, United States

BioConcepts, Inc. owns and operates a clinic that provides orthotic and prosthetic care to patients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-03 Rainier Surgical Inc & Ortho-Medical Products

United States

Rainier Surgical, Inc. engages in the sale, service, distribution, and marketing of orthopedic durable medical equipment for physicians, clinics, hospitals, and surgery centers. Ortho-Medical Products, Inc. offers durable medical, respiratory, orthotic, and prosthetic equipment.

Buy -
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