Smith+Nephew Acquires CartiHeal for up to $330 Million

Bioventus Acquires CartiHeal for $500M

August 30, 2021

Medical Devices

Nasdaq-traded Bioventus has elected to exercise its option to acquire Israel-based medical device company CartiHeal following FDA approval of the Agili-C implant, in a deal valued at approximately $500 million. Bioventus plans to work with the CartiHeal team on commercialization and reimbursement activities to bring Agili-C to market.

Smith & Nephew Acquires Integrity Orthopaedics

January 21, 2025

Medical Devices

Smith & Nephew has completed the acquisition of US-based Integrity Orthopaedics for up to $450 million, comprising an initial $225 million cash payment and up to $225 million in performance‑based payments over five years. The deal adds Integrity's FDA‑cleared Tendon Seam rotator cuff repair system to Smith & Nephew's sports medicine and shoulder portfolio to expand capabilities and accelerate growth under its RISE strategy.

Smith & Nephew Acquires Engage Surgical

January 19, 2022

Medical Devices

Smith & Nephew plc has acquired Orlando-based Engage Surgical, a maker of cementless unicompartmental (partial) knee systems, in a transaction worth up to $135 million (contingent payments). The deal, financed from existing cash and debt facilities, secures unique cementless partial-knee technology for Smith & Nephew to support its Robotics and Real Intelligence strategy and growth in the partial-knee market.

Cirtec Medical Acquires Cardea Catheter Innovations

July 26, 2021

Medical Devices

Cirtec Medical has acquired Cardea Catheter Innovations, a San Jose-based manufacturer of minimally invasive catheter devices and complex delivery systems. Cardea will integrate into Cirtec's NovelCath brand to expand the company's interventional capabilities across structural heart, electrophysiology, and neurovascular markets and will relocate into Cirtec's new San Jose Center of Excellence.

Agiliti Acquires Northfield Medical, Inc.

March 19, 2021

Healthcare Services

Agiliti, an essential U.S. healthcare equipment management and service provider, has acquired Northfield Medical, a nationwide surgical equipment repair company, in a stock purchase transaction valued at $475 million. Northfield Medical — headquartered near Detroit — provides repair services for endoscopes, surgical instruments and other operating room equipment and will expand Agiliti's in-market repair footprint and device-service capabilities.

Capsa Healthcare Acquires Specialty Carts, Inc.

August 3, 2021

Healthcare Services

Capsa Healthcare acquired Specialty Carts, Inc., a St. Louis–based manufacturer of medication and medical carts, expanding Capsa's product offering and strengthening its position in long-term care and extended-care pharmacy medication management. The acquisition integrates Specialty Carts' lines (medication carts, automated dispensing cabinets, documentation/telehealth carts) into Capsa's portfolio to better serve resident facilities and extended care pharmacies.