M&A Deal Summary

Xtant Medical Acquires X-spine Systems

On July 31, 2015, Xtant Medical acquired medical products company X-spine Systems for 60M USD

Acquisition Highlights
  • This is Xtant Medical’s 1st transaction in the Medical Products sector.
  • This is Xtant Medical’s largest (disclosed) transaction.
  • This is Xtant Medical’s 1st transaction in the United States.
  • This is Xtant Medical’s 1st transaction in Ohio.

M&A Deal Summary

Date 2015-07-31
Target X-spine Systems
Sector Medical Products
Buyer(s) Xtant Medical
Deal Type Add-on Acquisition
Deal Value 60M USD

Target

X-spine Systems

Miamisburg, Ohio, United States
website
X-spine Systems, Inc. is a global medical device manufacturer products for spinal surgery.

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Buyer(S) 1

Buyer

Xtant Medical

Belgrade, Montana, United States

website


Category Company
Sector Medical Products
Employees110
Revenue 58M USD (2022)
DESCRIPTION

Xtant Medical is a developer of biologics products to domestic and international markets. Xtant Medical is based in Belgrade, Montana.


DEAL STATS #
Overall 1 of 2
Sector (Medical Products) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-01 Surgalign s Coflex Product Line

Deerfield, Illinois, United States

Surgalign's Coflex Product Line comprises interlaminar stabilization device used after an open decompression that can be performed in various settings, offering a non-fusion treatment option for lumbar spinal stenosis (LSS) patients. The number of patients diagnosed globally with LSS is approximately 2.4 million representing the largest single-growing patient demographic in spine. The Coflex device is the only FDA PMA-approved implant for the treatment of LSS, has been implanted in more than 200,000 patients in over 60 countries, is clinically validated with more than 90 peer reviewed publications and has established Ambulatory Surgery Center (ASC) reimbursement. Cofix is a supplemental fixation device, which is a minimally invasive system intended for use on all levels of the lumbar spine.

Buy $17M