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Conmed Announces Definitive Agreement To Acquire In2Bones Global, Inc.

PUBLIC · CNMDMay 04, 2022

Acquiring Company

CONMED Corporation

Acquired Company

In2Bones Global

Tampa BayManufacturingBiotechnologyHealth CareMedicalMedical DeviceImage RecognitionManufacturingHealth Care

Description

CONMED Corporation (NYSE: CNMD) today announced a definitive agreement to acquire privately-held In2Bones Global, Inc. (In2Bones), on a cash-free, debt-free basis, for cash consideration of $145 million at closing and up to an additional $110 million in growth-based earnout payments over a four-year period. The transaction is not subject to a financing condition. The transaction is subject to customary closing conditions, including receipt of U.S. regulatory approval, and is expected to close late in the second quarter or early in the third quarter of 2022.

Quick answer

CONMED Corporation is acquiring In2Bones Global, announced May 4, 2022. CONMED Corporation is based in Tampa Bay, Florida, United States.

How much did CONMED Corporation pay for In2Bones Global?
The deal value was not disclosed.
What does CONMED Corporation do?
CONMED is a medical technology company that provides surgical devices and equipment for minimally invasive procedures.
Where are CONMED Corporation and In2Bones Global based?
CONMED Corporation is based in Tampa Bay, Florida, United States.
Who are the decision-makers at CONMED Corporation?
Fundz holds 1 contact at CONMED Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

CONMED Corporation

Location

Tampa Bay, Florida, United States

About

CONMED is a medical technology company that provides surgical devices and equipment for minimally invasive procedures. The Company’s products are used by surgeons and physicians in a variety of specialties, including orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology. For more information, visit www.conmed.com.

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Frequently asked

Who acquired In2Bones Global?

In2Bones Global was acquired by CONMED Corporation, based in Tampa Bay. The deal was reported on May 4, 2022. CONMED is a medical technology company that provides surgical devices and equipment for minimally invasive procedures. CONMED Corporation is publicly traded (CNMD) and operates in Manufacturing.

When did CONMED Corporation acquire In2Bones Global?

CONMED Corporation's acquisition of In2Bones Global was reported on May 4, 2022. CONMED Corporation (NYSE: CNMD) today announced a definitive agreement to acquire privately-held In2Bones Global, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does In2Bones Global do?

Headquartered in Memphis, Tennessee, In2Bones is a global developer manufacturer and distributor of medical devices for the treatment of disorders and injuries of the upper (hand, wrist, elbow) and lower (foot and ankle) extremities. It is privately held, operating in Manufacturing.

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