# ADDvise signs Letter of Intent to acquire Graham Medical Technologies

ADDvise Group AB signed a Letter of Intent to acquire 100% of Graham Medical Technologies (GraMedica), a developer of orthopedic implants for foot and ankle surgery, for a total purchase price of up to USD 5.8 million. The acquisition is scheduled to complete in Q3 2021.

- Type: Acquisition
- Announced: 2021-05-10
- Where: Michigan, United States
- Value: $5.80M
- Status: announced
- Products: orthopedic implants, stents for foot and ankle surgery
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [ADDvise Group](https://endata.com/companies/21338.md) (acquirer)
- [Graham Medical Technologies](https://endata.com/companies/32092.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/addvise-group-ab/r/addvise-signs-letter-of-intent-to-acquire-graham-medical-technologies--l-l-c-,c3343698), 2021-05-10: "ADDvise Group AB (publ) has signed a Letter of Intent with the shareholder of Graham Medical Technologies, L.L.C. regarding an acquisition of 100 percent of the shares in GraMedica."

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