M&A Deal Summary

Stryker Acquires ParaMed

On August 1, 2009, Stryker acquired manufacturer ParaMed

Acquisition Highlights
  • This is Stryker’s 2nd transaction in the Manufacturing sector.
  • This is Stryker’s 5th transaction in the United States.
  • This is Stryker’s 1st transaction in Utah.

M&A Deal Summary

Date 2009-08-01
Target ParaMed
Sector Manufacturing
Buyer(s) Stryker
Deal Type Add-on Acquisition
Advisor(s) Avondale Partners (Financial)

Target

ParaMed

Sandy, Utah, United States
ParaMed Corporation manufactures and markets products for emergency evacuation in medical, industrial and commercial applications.

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Buyer(S) 1

Buyer

Stryker

Portage, Michigan, United States

Category Company
Founded 1941
Sector Medical Products
Employees52,000
Revenue 22.6B USD (2024)
DESCRIPTION
Stryker's headquarters in Portage, Michigan.
Stryker's headquarters in Portage, Michigan.

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 5 of 49
Sector: Manufacturing M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 43
State: Utah M&A 1 of 1
Country: United States M&A 5 of 34
Year: 2009 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-15 BioAvascular Solutions

Fort Wayne, Indiana, United States

BioDuct LLC engages in the development and production of tiny duct prototypes to facilitate blood flow to heal damaged meniscus tissue in the knee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-31 Ascent Healthcare Solutions

Phoenix, Arizona, United States

Ascent Healthcare Solutions, Inc. is an independent third-party reprocessor of single-use medical devices in the healthcare industry.

Buy $525M