Orthopediatrics Corp. Announces Acquisition Of Boston Orthotics & Prosthetics
Acquiring Company
OrthoPediatrics
Acquired Company
Boston Orthotics & Prosthetics
WarsawAvonManufacturingBiotechnologyHardwareMobileHealth CareMedical DeviceMedical Equipment ManufacturingHospitals and Health CareDescription
OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, today announced that it has acquired Boston Orthotics & Prosthetics (“Boston O&P”), a leader in pediatric orthotic management for over 50 years. Additionally, in advance of the acquisition, the Company closed a debt financing with MidCap Financial which provides up to $80 million of capital, through the combination of a term loan and revolving loan, replacing its prior unused $50 million line of credit.
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Frequently asked
Who acquired Boston Orthotics & Prosthetics?
Boston Orthotics & Prosthetics was acquired by OrthoPediatrics, based in Warsaw. The deal was reported on January 8, 2024. Founded in 2006, OrthoPediatrics is an orthopedic company focused exclusively on advancing the field of pediatric orthopedics. OrthoPediatrics is publicly traded (KIDS) and operates in Manufacturing.
When did OrthoPediatrics acquire Boston Orthotics & Prosthetics?
OrthoPediatrics's acquisition of Boston Orthotics & Prosthetics was reported on January 8, 2024. OrthoPediatrics Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Boston Orthotics & Prosthetics do?
Boston Orthotics & Prosthetics is the leading provider of pediatric orthotic bracing and prosthetics. It is privately held, operating in Hospitals and Health Care, and is based in Avon.
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