M&A Deal Summary

Stryker Acquires Surpass Medical

On November 1, 2012, Stryker acquired healthcare services company Surpass Medical for 135M USD

Acquisition Highlights
  • This is Stryker’s 5th transaction in the Healthcare Services sector.
  • This is Stryker’s 22nd largest (disclosed) transaction.
  • This is Stryker’s 1st transaction in Israel.

M&A Deal Summary

Date 2012-11-01
Target Surpass Medical
Sector Healthcare Services
Buyer(s) Stryker
Deal Type Add-on Acquisition
Deal Value 135M USD

Target

Surpass Medical

Tel-Aviv, Israel
Surpass Medical, Ltd. (Surpass). Surpass is developing and commercializing the NeuroEndoGraft family of next-generation flow diversion stent technology to treat brain aneurysms using a unique mesh design and delivery system.

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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 13 of 49
Sector: Healthcare Services M&A 5 of 7
Type: Add-on Acquisition M&A Deals 9 of 43
Country: Israel M&A 1 of 2
Year: 2012 M&A 1 of 1
Size (of disclosed) 22 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-31 Concentric Medical

Mountain View, California, United States

Concentric Medical, Inc., is a global leader in acute ischemic stroke intervention.

Buy $135M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-01 Trauson Holdings Co.

Changzhou City, China

Trauson is the trauma manufacturer in China and a major competitor in the spine segment.

Buy $764M