M&A Deal Summary

Stryker Acquires Vertos Medical

On August 22, 2024, Stryker acquired healthcare services company Vertos Medical

Acquisition Highlights
  • This is Stryker’s 7th transaction in the Healthcare Services sector.
  • This is Stryker’s 33rd transaction in the United States.
  • This is Stryker’s 8th transaction in California.

M&A Deal Summary
Date 2024-08-22
Target Vertos Medical
Sector Healthcare Services
Buyer(s) Stryker
Deal Type Add-on Acquisition

Target

Vertos Medical

Aliso Viejo, California, United States
Vertos Medical is a privately held company providing a minimally invasive solution for treating chronic lower back pain caused by lumbar spinal stenosis. Vertos Medical is based in Aliso Viejo, California.

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Buyer(S) 1

Buyer

Stryker

Kalamazoo, Michigan, United States
Category Company
Founded 1941
Sector Medical Products
Employees52,000
Revenue 20.5B USD (2023)
DESCRIPTION
Stryker's corporate headquarters in Kalamazoo, Michigan.
Stryker's corporate headquarters in Kalamazoo, Michigan.

Stryker is a medical technology company. Stryker's products include implants used in joint replacement and trauma surgeries; surgical equipment and surgical navigation systems; endoscopic and communications systems; patient handling and emergency medical equipment; neurosurgical, neurovascular and spinal devices; as well as other medical device products used in a variety of medical specialties. Stryker was founded in 1941 and is based in Kalamazoo, Michigan.

DEAL STATS #
Overall 48 of 48
Sector (Healthcare Services) 7 of 7
Type (Add-on Acquisition) 42 of 42
State (California) 8 of 8
Country (United States) 33 of 33
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-12 care.ai

Orlando, Florida, United States

care.ai is a developer of a sensor-based technology designed to predict, prevent, and protect, optimizing the patient and provider experience and ultimately powering more human care. care.ai was founded in 2019 and is based in Orlando, Florida.

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