Investment Summary |
|
|---|---|
| Date | 2014-03-07 |
| Target | Pivot Medical |
| Sector | Medical Products |
| Investor(s) | Stryker |
| Sellers(s) |
Ivy Capital Partners
Montreux Equity Partners Adams Street Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1941 |
| Sector | Medical Products |
| Employees | 52,000 |
| Revenue | 22.6B USD (2024) |
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 STATS | # |
|---|---|
| Overall | 17 of 49 |
| Sector: Medical Products M&A | 8 of 36 |
| Type: Add-on Acquisition M&A Deals | 13 of 43 |
| State: California M&A | 3 of 9 |
| Country: United States M&A | 14 of 34 |
| Year: 2014 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-31 |
Patient Safety Technologies
Irvine, California, United States Patient Safety Technologies, Inc.through its wholly-owned operating subsidiary SurgiCount Medical, Inc., provides the Safety-Sponge System, a solution clinically proven to improve patient safety and reduce healthcare costs by helping eliminate retained surgical sponges. |
Buy | $120M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-15 |
Berchtold
Tuttlingen, Germany Berchtold is a provider of customer-centric healthcare equipment. Berchtold's product portfolio includes surgical tables, equipment booms, and surgical lighting systems geared towards maximizing efficiency and safety in operating rooms and ICUs. |
Buy | $172M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| Size | Small |
| Type | Sector Focused |
Ivy Capital Partners is a specialized private equity firm that seeks investments in companies that operate in the musculoeskeletal sector of the healthcare industry. Specific areas of interest within the musculoskeletal sector include sports medicine, joint implants, rehabilitation products and services, trauma, spine and therapeutics. The Firm will consider both mid to later stage investment situations. Ivy Capital Partners is a unit of investment firm Ivy Equities and is based in Montvale, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 12 |
| Sector: Medical Products M&A | 7 of 10 |
| Type: Add-on Acquisition M&A Deals | 6 of 9 |
| State: California M&A | 1 of 2 |
| Country: United States M&A | 8 of 9 |
| Year: 2014 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-11-08 |
Pivot Medical
Sunnyvale, California, United States Pivot Medical, Inc. is a privately held company addressing a large unmet need in non-spine orthopedic areas. For strategic reasons the Company is yet not divulging specific information about their operations or the products they are developing. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-29 |
Stanmore Implants Worldwide
Stanmore, United Kingdom Stanmore Implants Worldwide Ltd. is an orthopedic company focused on saving and restoring the function of limbs and joints. The Company provides patient-specific and standardized orthopedic implants for limb salvage, complex joint replacements and prosthetic attachment. |
Sell | £36M |
Montreux Equity Partners is a growth investment firm focused on investing in commercial stage companies with category leading products, technologies, and services. Montreux Equity Partners looks to invest $10 to $20 million in fast growing companies with $5 to $50 million in revenue. Montreux Equity Partners was formed in 1993 and is headquartered in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 24 |
| Sector: Medical Products M&A | 7 of 10 |
| Type: Add-on Acquisition M&A Deals | 14 of 15 |
| State: California M&A | 18 of 22 |
| Country: United States M&A | 19 of 24 |
| Year: 2014 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-08-22 |
Tobira Therapeutics
South San Francisco, California, United States Tobira Therapeutics, Inc. is a pharmaceutical company focuses on products for the treatment of important unmet medical needs in infectious diseases such as HIV/AIDS, hepatitis, and other associated infectious conditions. Tobira was established in 2006 and is headquartered in South San Francisco, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-04 |
Pure Life Renal
Hollywood, Florida, United States Pure Life Renal is a provider of dialysis services and renal care providing a full spectrum of rental services including in-center, home-based and acute dialysis, as well as drug provisions. Pure Life Renal was founded in 2013 and is based in Hollywood, Florida. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1972 |
| PE ASSETS | 60.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Adams Street Partners is a diversified, global investment firm that targets direct, fund of funds, and secondary investments. Adams' direct investing group covers co-investments in buyout transactions, as well as growth equity and venture capital commitments. The direct buyout and growth equity team looks to commit $5 to $30 million per transaction. For venture related investments, commitments of $5 to $20 million are provided to companies in the technology, life sciences and technology enabled services sectors. Typically, target companies have received prior financing from early stage venture firms and are seeking additional capital to fund product development and commercialization. Adams Street Partners was formed in 1972 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 46 of 101 |
| Sector: Medical Products M&A | 8 of 10 |
| Type: Add-on Acquisition M&A Deals | 24 of 54 |
| State: California M&A | 22 of 45 |
| Country: United States M&A | 42 of 93 |
| Year: 2014 M&A | 1 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-09 |
Onco360
Redwood City, California, United States Onco360 is a biotechnology company provides cancer treatment. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-19 |
Paylocity
Schaumburg, Illinois, United States Paylocity is a provider of payroll services and human resource software solutions to employees and businesses across America. Paylocity accompanies its clients on the journey to create great workplaces and help people achieve their best through automation, data-driven insights, and engagement. Paylocity was founded in 1997 and is based in Schaumburg, Illinois. |
Sell | - |