OrthoPediatrics Corp. Acquires Boston Orthotics & Prosthetics
January 5, 2024
OrthoPediatrics Corp. (Nasdaq: KIDS) acquired Boston Orthotics & Prosthetics, a pediatric orthotic management company with 26 clinics and approximately $25 million in annual revenue, for $22 million in cash. The deal expands OrthoPediatrics' Specialty Bracing division and was supported by a new $80 million credit facility with MidCap Financial.
- Buyers
- OrthoPediatrics Corp.
- Targets
- Boston Orthotics & Prosthetics
- Industry
- Medical Devices
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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