# Novanta acquires Riverpoint Medical for $1.45 billion

Novanta entered a definitive agreement to acquire Riverpoint Medical from Arlington Capital Partners for $1.2 billion upfront cash and a $250 million milestone payment in Q1 2027. Riverpoint is a developer of minimally invasive surgical consumables. The transaction is expected to close in Q3 2026.

- Type: Acquisition
- Announced: 2026-06-09
- Where: Portland, Oregon, United States
- Value: $1.45B
- Status: announced
- Products: minimally invasive surgical consumables, advanced surgical fibers
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Arlington Capital Partners](https://endata.com/companies/20929.md) (investor)
- [Arlington Capital Partners](https://endata.com/companies/20929.md) (partner)
- [Novanta](https://endata.com/companies/24684.md) (acquirer)
- [Riverpoint Medical](https://endata.com/companies/32149.md) (target)

## Sources

- [investors.novanta.com](https://investors.novanta.com/news/news-details/2026/Novanta-Inc--Announces-Acquisition-of-Riverpoint-Medical/default.aspx), 2026-06-09: "Novanta Inc. today announced that it has entered into a definitive agreement to acquire Riverpoint Medical"
- [axios.com](https://www.axios.com/pro/health-tech-deals/2026/06/09/novanta-acquire-riverpoint-medical-arlington), 2026-06-09: "Strategics remain in the market for PE-backed medical tech companies."
- [arlingtoncap.com](https://arlingtoncap.com/news/arlington-capital-partners-to-sell-riverpoint-medical-to-novanta/), 2026-06-10: "Arlington Capital Partners announced it has agreed to sell Riverpoint Medical to Novanta Inc. for a total enterprise value of $1.45 billion, comprised of upfront cash consideration of $1.2 billion and a milestone payment of $250 million in the first quarter of 2027."
- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2026/06/novanta-inc-announces-acquisition-of-riverpoint-medical-known-for-utilizing-highly-specialized-implantable-surgical-fibers/), 2026-06-19: "Riverpoint Medical is an exceptional business, a market leader in high-growth minimally invasive surgical consumables that is perfectly aligned with our strategic direction and our business model."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.