Acquiring Company
Novanta
Acquired Company
Riverpoint Medical
Description
Novanta Inc. has announced its acquisition of Riverpoint Medical for $1.2 billion in cash. The transaction aims to strengthen Novanta's position in the medical sector by expanding its recurring revenue streams. Expected to close in the third quarter of 2026, the deal includes a future milestone payment of $250 million. This acquisition aligns with Novanta's strategy to enhance its portfolio with high-growth surgical consumables.
Who to call at Novanta, and when
When Novanta changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Novanta raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Novanta, from your own LinkedIn network
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Frequently asked
Who acquired Riverpoint Medical?
Riverpoint Medical was acquired by Novanta, based in Bedford. The deal was reported on June 9, 2026. Novanta is a leading global supplier of core technology solutions that give medical and advanced industrial original equipment manufacturers (“OEMs”) a competitive advantage. Novanta is publicly traded (NOVT) and operates in Other.
When did Novanta acquire Riverpoint Medical?
Novanta's acquisition of Riverpoint Medical was reported on June 9, 2026. Novanta Inc. has announced its acquisition of Riverpoint Medical for $1.2 billion in cash. The transaction aims to strengthen Novanta's position in the medical sector by expanding its recurring revenue streams. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Riverpoint Medical do?
Riverpoint Medical is a leading developer, designer, and manufacturer of advanced surgical devices and related technologies. The company specializes in minimally invasive surgical consumables and provides its products to strategic OEM partners. It is privately held, operating in Manufacturing.
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