Tech Company M&A Transactions
Rotation Medical Acquisition
On 10/24/2017, Rotation Medical was acquired by Smith & Nephew Endoscopy. The transaction price was $210 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/24/2017
Transaction Type
M&A
Amount
$210,000,000
M&A Terms
Smith & Nephew plc (LSE:SN, NYSE:SNN), the global medical technology business, today announces that it has entered into a definitive agreement to acquire Rotation Medical Inc., a developer of a novel tissue regeneration technology for shoulder rotator cuff repair, for an initial cash consideration of $125 million and up to $85 million over the next five years, contingent on financial performance.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
15350 25th Ave. North 100
Plymouth, MN 55447
USA
Plymouth, MN 55447
USA
Phone
Website
Email Address
Overview
Rotation Medical was founded in 2009 with a mission to significantly advance the treatment of rotator cuff disease.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Martha Shadan
Chief Operating Officer
Tom Westling
Chief Scientific Officer
Craig Van Kampen
VP - Bus. Development
Allan Gorsett
VP - General Counsel
David Crompton
VP - R & D
Randy Nuernberg
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