Exactech Acquires Minority Stake in JointMedica

January 24, 2022

Exactech, Inc. acquired a minority interest in U.K.-based JointMedica Limited to collaborate on commercialization of the Polymotion hip resurfacing implant. The partnership pairs JointMedica's device design and manufacturing capabilities with Exactech's global distribution and clinical relationships to bring the next generation of hip resurfacing to targeted markets following regulatory approvals.

Buyers
Exactech, Inc.
Targets
JointMedica Limited
Industry
Medical Devices
Location
United Kingdom
Transaction Type
Growth capital

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