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SMTI — Sanara MedTech News Story

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Brief: Mimedx To Acquire Sanara Medtech

BRIEF-Mimedx To Acquire Sanara Medtech

- MiMedx Group Inc MDXG.O:

  • MIMEDX TO ACQUIRE SANARA MEDTECH

  • SANARA MEDTECH - MIMEDX TO BUY SANARA IN DEAL VALUED AT $35 PER SHARE, ENTERPRISE VALUE $350 MILLION

  • SANARA MEDTECH - MIMEDX TO FINANCE DEAL WITH CASH ON HAND AND $300 MILLION TERM LOAN FROM HAYFIN

  • SANARA MEDTECH - COMBINED 2027 REVENUE EXPECTED TO EXCEED $400 MILLION, ADJUSTED EBITDA MARGIN OVER 20%

  • SANARA MEDTECH - ANTICIPATES OVER $20 MILLION IN RUN-RATE COST SYNERGIES

  • SANARA MEDTECH INC: DEAL IMMEDIATELY ACCRETIVE TO REVENUE GROWTH, GROSS MARGIN AND ADJUSTED EBITDA MARGIN

Source text: ID:nGNX3LT5ph

Further company coverage: MDXG.O


((((Reuters.Briefs@thomsonreuters.com;));))

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