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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