Companion Spine Acquires Coflex and CoFix Implants and Paradigm Spine from Xtant Medical

Orthofix and SeaSpine to Combine in Merger of Equals

October 11, 2022

Medical Devices

Orthofix and SeaSpine have entered into a definitive agreement for an all-stock merger of equals to create a leading global spine and orthopedics company. Under the terms, SeaSpine shareholders will receive 0.4163 shares of Orthofix common stock for each SeaSpine share, with Orthofix shareholders owning about 56.5% and SeaSpine shareholders owning about 43.5% of the combined company on a fully diluted basis.

Paragon 28 Acquires Assets of Additive Orthopaedics

June 1, 2021

Medical Devices

Paragon 28, Inc. acquired the product lines and related assets of Additive Orthopaedics, including the FDA‑cleared 3D‑printed patient‑specific talus spacer and an integrated cloud‑based pre‑operative surgical planning application. The acquisition expands Paragon 28’s foot‑and‑ankle product offering and accelerates its strategy to integrate smart tools, AI and advanced technologies to improve patient outcomes.

VB Spine Acquires Stryker's Cestas Manufacturing Facility

January 6, 2026

Medical Devices

VB Spine LLC completed the acquisition of Stryker’s spinal implant manufacturing facility in Cestas, France, transferring site employees and operations to VB Spine. The deal expands VB Spine’s global manufacturing footprint and is financed in part by equity investors Viscogliosi Brothers entities with support from Barings.

Pacira BioSciences Acquires Flexion Therapeutics

October 11, 2021

Pharmaceuticals

Pacira BioSciences agreed to acquire Flexion Therapeutics for $8.50 per share in cash plus one contingent value right (CVR) worth up to $8.00 per share tied to sales and regulatory milestones. The deal adds Flexion's marketed non-opioid OA knee pain therapy ZILRETTA and its clinical-stage pipeline to Pacira's non-opioid pain management portfolio; the transaction was expected to close in Q4 2021 and to be accretive to Pacira's earnings.

Spinal Simplicity Acquires Intralink‑Spine

May 6, 2022

Medical Devices

Spinal Simplicity, a Kansas‑based medical device company, acquired Intralink‑Spine and its injectable spinal disc stabilization technology. Spinal Simplicity said it will pursue regulatory paths to bring the technology to the U.S. and EU after promising initial pilot outcomes in Australia.

Apax Partners and Fremman Capital acquire co-controlling stakes in Palex Medical

August 1, 2023

Medical Devices

Funds advised by Apax Partners LLP and funds advised by Fremman Capital agreed to acquire co-controlling stakes in Palex Medical, with Fremman remaining an investor while some of its funds and other minority shareholders sell. Palex, a Sant Cugat del Vallès (Barcelona)-headquartered MedTech distributor with ~928 employees, will partner with Apax and Fremman to accelerate pan-European growth and international expansion; the deal is expected to close in Q4 2023 and financial terms were not disclosed.