A review of Ortho M&A in 2024.

1/ Medtronic acquires Fortimedix Surgical - This acquisition aimed to enhance Medtronic's surgical portfolio, particularly in joint-type instruments and technologies for endoscopic, robotic, and minimally invasive surgeries. 2/ Enovis acquires LimaCorporate - Enovis completed its acquisition of LimaCorporate for approximately $844 million, significantly expanding Enovis' reconstruction segment with the addition of custom 3D-printed implants and digital innovations. Read more on OrthoStreams - Enovis acquires Lima for $850M (3 X sales) 3/ Zimmer Biomet acquires OrthoGrid Systems - Zimmer Biomet's acquisition included OrthoGrid's Hip AI surgical assistance platform along with two additional FDA-cleared orthopedic applications, focusing on enhancing surgical precision. Read more on OrthoStreams - ZB acquires OrthoGrid for an undisclosed sum. 4/ Stryker acquires Artelon - Stryker completed its acquisition of Artelon, bolstering its sports medicine and foot and ankle product lines with Artelon's soft tissue fixation technology. Read more on OrthoStreams - Stryker acquires Artelon (rumors in the BoneChat community  ~12X $25M in revenue = $300M acquisition price) 5/ OrthoPediatrics...


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