# RTI Surgical to acquire Paradigm Spine for up to $300M

RTI Surgical, Inc. has entered into a definitive agreement to acquire all outstanding equity of Paradigm Spine, LLC in a cash and stock transaction valued at up to $300 million, consisting of $150 million at closing plus potential milestone payments. The deal is expected to close in Q1 2019.

- Type: Acquisition
- Announced: 2018-11-01
- Where: United States
- Value: $300.0M
- Status: announced
- Products: coflex Interlaminar Stabilization device, spinal implants
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [RTI Surgical, Inc.](https://endata.com/companies/29157.md) (acquirer)
- [Paradigm Spine](https://endata.com/companies/35285.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20181101006167/en/RTI-Surgical%c2%ae-Acquire-Paradigm-Spine/?feedref=JjAwJuNHiystnCoBq_hl-W8j9Oi60kFTomUxRDB8jhBe90hMRIfLC6Rym4mf-eYYrCOi9QzgjCezTS3Nw_X6kJUrpSBm-Hav1w-UkdSlG3nl8WLzEC2k65PiUf0VIgEJLkaZDLiczsahzEklD3R10Q), 2018-11-01: "RTI believes this transaction underscores its significant progress executing against its strategic transformation to reduce complexity, drive operational excellence and accelerate growth."

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