On March 8, 2017 Ottobock HealthCare ("Ottobock") announced its acquisition of Bedford, Massachusetts, based BionX Medical Technologies, Inc.
Duff & Phelps acted as a financial advisor to BionX Medical Technologies, Inc. and provided merger and acquisition advisory services in connection with its sale to Ottobock HealthCare.
About BionX Medical Technologies, Inc.
BionX Medical Technologies, Inc. manufactures prosthetic devices. It primarily focuses on the provision of bionic solutions that restore normalized function and quality of life for people with amputations. The company offers BiOM Ankle, a lower-limb prosthesis with powered propulsion for enhanced mobility. It serves customers through prosthetists and physicians in the United States and internationally. The company was founded in 2007 and is based in Bedford, Massachusetts. Goodwin LLP served as legal counsel to BionX.
About Ottobock HealthCare
Ottobock develops medical technology products and fitting concepts for people with limited mobility in the fields of Prosthetics, Orthotics, Human Mobility (wheelchairs, rehabilitation devices) and MedicalCare. Subsidiaries in over 50 countries offer quality “Made in Germany” worldwide and employ around 6,800 people. Ottobock has been a family-managed company since its founding in 1919 and has also been supporting the Paralympic Games with its technical know-how since 1988. Duane Morris LLP served as U.S. legal counsel to Ottobock.
Comprehensive support throughout mergers and acquisitions and other corporate transactions.Corporate Finance
Healthcare expertise for middle-market M&A transactions.Healthcare M&A
Fairness and Solvency Opinions
Independent opinions for boards of directors and special committees.Fairness and Solvency Opinions
Transaction Advisory Services
Seamless analytical advisory through the deal continuum, from transaction origination to closing.Transaction Advisory Services
has been acquired by
Following an accelerated M&A process, Duff & Phelps sold the business and assets to Reynolds Catering Supplies Limited in a transaction which preserved the jobs of all 62 staff.
has been acquired by
Duff & Phelps achieved a business turnaround following 18 months of trading, during which time the theme park and additional properties were developed through investment of £35m. Exit was via CVA which enabled dividend to be paid to unsecured creditors.
has received a USD 40,000,000 Loan Facility.
has received a dual tranche credit facility.
has received a credit facility to finance the acquisition of
a portfolio company of
Unitranche Credit Facility
March 21-22, 2018 Düsseldorf , Germany