Deal

GLOBUS MEDICAL INC acquires Nemaris, Inc.

September 2018 asset purchase ready

Snapshot

GLOBUS MEDICAL INC acquired Nemaris, Inc. for approximately $15.2 million (asset purchase) in September 2018. The transaction was structured as all cash. Nemaris, Inc. is a USA-based Enabling technology — surgical planning software business.

Acquirer
GLOBUS MEDICAL INC
Target
Nemaris, Inc.
Value
approximately $15.2 million (asset purchase)
Date
September 2018
Type
asset purchase
Status
ready
01 Scorecard

The deal at a glance

Private-market deal
GLOBUS MEDICAL INC acquires Nemaris, Inc.
Deal value
approximately $15.2 million (asset purchase)
Sector
Enabling technology — surgical planning software
Date
September 2018
VectorShift
Made on VectorShift

About this deal

GLOBUS MEDICAL INC acquired Nemaris, Inc. for approximately $15.2 million (asset purchase), a transaction completed in September 2018, structured as all cash. The deal was a asset purchase.

Nemaris, Inc. operates in Enabling technology — surgical planning software, is based in USA. Nemaris, Inc. is a privately held company that markets and develops Surgimap, a surgical planning software platform; substantially all of the acquired value was in developed technology.

Adds the Surgimap surgical planning software platform and developed technology to Globus's enabling-technology portfolio.

Adds the Surgimap surgical-planning software and its developed technology to Globus's enabling-technology suite. Integrated into Globus Medical's enabling-technology / software portfolio

On September 5, 2018, we acquired Nemaris, Inc. ("Nemaris"), a privately held company that markets and develops Surgimap, a surgical planning software platform. ... the Nemaris Acquisition was accounted for as an asset purchase. We allocated the consideration paid of $15.2 million on a pro rata basis to the assets acquired.
Globus Medical, Q2 2019 Form 10-Q, Business Combinations note
Advisors not disclosed

No advisory firms have been disclosed for this transaction.

Sources Press release Last updated

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