Tech Company M&A Transactions
St. Francis Medical Technologies Acquisition
On 12/5/2006, St. Francis Medical Technologies was purchased by Kyphon. Kyphon said the transaction price was $525 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/5/2006
Transaction Type
M&A
Amount
$525,000,000
M&A Terms
Under the terms of the agreement, Kyphon will acquire 100% of the fully diluted equity of St. Francis for $525 million in upfront cash payable upon closing, plus additional revenue-based contingent payments of up to $200 million payable in either cash or a combination of cash and stock, at Kyphon's election. Any contingent payments will be made no earlier than 2008.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
960 Atlantic Ave 102
Alameda, CA 94501
USA
Alameda, CA 94501
USA
Phone
Website
Email Address
Not Recorded
Overview
Established in 1997, St. Francis Medical Technologies, Inc. was co-founded by experienced spinal device executives based on a product idea of spine surgeons Jim Zucherman and Ken Hsu.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Sidow
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