M&A Deal Summary

LeMaitre Vascular Acquires Artegraft

On June 22, 2020, LeMaitre Vascular acquired medical products company Artegraft for 90M USD

Acquisition Highlights
  • This is LeMaitre Vascular’s 4th transaction in the Medical Products sector.
  • This is LeMaitre Vascular’s 2nd largest (disclosed) transaction.
  • This is LeMaitre Vascular’s 6th transaction in the United States.
  • This is LeMaitre Vascular’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2020-06-22
Target Artegraft
Sector Medical Products
Buyer(s) LeMaitre Vascular
Deal Type Add-on Acquisition
Deal Value 90M USD
Advisor(s) Leerink Partners (Financial)
Lowenstein Sandler (Legal)

Target

Artegraft

North Brunswick, New Jersey, United States
Artegraft offers surgeons a biological alternative to synthetic grafts. Artegraft’s natural collagen matrix has proven long-term patency advantages over ePTFE and other synthetic graft materials. The company is also positioned as an alternative to a non-viable autogenous fistula. It was the first vascular graft approved by the FDA in 1970 and has been in continuous clinical use for over 50 years. Available in lengths from 15 to 50 cm and in 4, 5, 6, 7 and 8 mm inner diameters, Artegraft is approved for use, distal to the aorta, for segmental bypass, arterial replacement, patch graft, femoropopliteal bypass when the patient’s saphenous is absent or inadequate, but is predominantly used as a hemodialysis graft. Artegraft was formed in 1993 and is based in North Brunswick, New Jersey.

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Buyer(S) 1

Buyer

LeMaitre Vascular

Burlington, Massachusetts, United States

Category Company
Founded 1983
Sector Medical Products
Employees614
Revenue 193M USD (2023)
DESCRIPTION

LeMaitre Vascular is a provider of devices for the treatment of peripheral vascular disease. LeMaitre Vascular was founded in 1983 and is based in Burlington, Massachusetts.


DEAL STATS #
Overall 8 of 8
Sector (Medical Products) 4 of 4
Type (Add-on Acquisition) 3 of 3
State (New Jersey) 1 of 1
Country (United States) 6 of 6
Year (2020) 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-13 Admedus - Biologic Patch Business

Perth, Australia

Admedus Ltd.'s Biologic Patch Business is a provider tissue processing technology to the CardioCel and VascuCel product lines.

Buy $16M