Cultivate(Md) Capital Funds Announces Portfolio Company Embody'S Acquisition By Zimmer Biomet Holdings, Inc.
Acquiring Company
Zimmer
Acquired Company
cultivate(MD) Capital Funds
WarsawManufacturingInformation TechnologyBiotechnologyHealth CareArtificial IntelligenceMedicalMedical Devicemedical devicesBiotechnologyHealth CareMedicalDescription
cultivate(MD) Capital Funds LP, funds that are focused on investments into early-stage healthcare companies with innovative technologies, announced today that one of their portfolio companies, Norfolk, VA-based Embody, Inc., a privately held medical device company focused on soft tissue healing, has reached an agreement with Zimmer Biomet Holdings, Inc., a global leader in medical technology, to be acquired. The terms of the acquisition include $155 million at closing and up to an additional $120 million based on achieving future milestones over the next three years.
Quick answer
Zimmer is acquiring cultivate(MD) Capital Funds, announced January 10, 2023. Zimmer is based in Warsaw, Indiana, United States.
- How much did Zimmer pay for cultivate(MD) Capital Funds?
- The deal value was not disclosed.
- What does Zimmer do?
- Zimmer, Inc. is a subsidiary of Zimmer Biomet Holdings, Inc., specializing in orthopedic reconstructive products and related services.
- Where are Zimmer and cultivate(MD) Capital Funds based?
- Zimmer is based in Warsaw, Indiana, United States.
- Who are the decision-makers at Zimmer?
- Fundz holds 2 contacts at Zimmer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Medical and Medical Device
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Kymanox Acquires Eu Based Anteris Medical And Anteris Helvetia (February 2, 2023)
- Shockwave Medical Announces Agreement To Acquire Neovasc (January 17, 2023)
- Shockwave Medical To Acquire Neovasc (January 17, 2023)
- Boston Scientific Announces Strategic Investment To Acquire Majority Stake Of Acotec Scientific Holdings Limited (December 11, 2022)
- Bayer Acquires Blackford Analysis Ltd. Bolstering The Company’S Position In Digital Medical Imaging (January 18, 2023)
- Radon Medical Imaging Announces Acquisition Of Premier Imaging Medical Systems (January 24, 2023)
Who to call at Zimmer, and when
When Zimmer changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Zimmer raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Zimmer, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Zimmer. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Zimmer makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired cultivate(MD) Capital Funds?
cultivate(MD) Capital Funds was acquired by Zimmer, based in Warsaw. The deal was reported on January 10, 2023. Zimmer, Inc. is a subsidiary of Zimmer Biomet Holdings, Inc., specializing in orthopedic reconstructive products and related services. Zimmer is publicly traded (ZBH) and operates in Manufacturing.
When did Zimmer acquire cultivate(MD) Capital Funds?
Zimmer's acquisition of cultivate(MD) Capital Funds was reported on January 10, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does cultivate(MD) Capital Funds do?
As a medical device venture capital fund, cultivate(MD) is dedicated to bringing emerging health care innovations to market, with a special focus on medical device and orthopedic technologies. It is privately held, operating in Biotechnology.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.