Kirkland & Ellis and Gonzalez Calvillo advised on the deal
MedPlast, LLC has completed its acquisition of Integer Holding Corporation’s Advanced Surgical and Orthopedics business. MedPlast also announced that it will rebrand under the name, Viant, to reflect the company’s new strategic direction.
MedPlast has bolstered its portfolio of end-to-end solutions in the medical technology space with three acquisitions in the past 15 months. With the company’s most recent acquisition of Integer’s AS&O business, MedPlast doubles in size to nearly $1 billion in sales, expands its metals capabilities and extends its global footprint into Europe. The acquisition also strengthens MedPlast’s ability to vertically integrate and simplify the supply chain for its customers.
In addition to rebranding as Viant, MedPlast announced that its corporate headquarters will move to Foxborough, Massachusetts, placing it in a major medical device hub near many of its customers. Since Water Street and JLL’s investment in MedPlast in 2016, the company’s employee base has doubled to nearly 6,000 associates located across the United States, Central America, Europe, and Asia.
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Kirkland & Ellis advised MedPlast with Martin DiLoreto, Kevin Mausert, Dan Guerin and Lisa Samenfeld.
In Mexico, Gonzalez Calvillo, S.C. advised MedPlast and its Mexican subsidiary with Miguel Valle Salinas and Priscilla Padrés Pesqueira.
Date: August 20, 2018
Source: Global Legal Chronicle