Acquisition History / Zimmer Biomet Holdings, Inc. / Paragon 28, Inc.
Zimmer Biomet Holdings, Inc. Acquires Paragon 28, Inc.
Announced January 29, 2025 — $1.10B
What happened
Paragon 28 is a medical device company focused on the foot and ankle orthopedic segment. Zimmer Biomet agreed on January 29, 2025 to acquire all of its shares for an upfront $13.00 per share in cash, an equity value of about $1.1B, plus a contingent value right.
- Acquirer
- Zimmer Biomet Holdings, Inc.
- Target
- Paragon 28, Inc.
- Announced
- January 29, 2025
- Price
- $1.10B
- Industry
- Foot and ankle orthopedic devices
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Zimmer Biomet Holdings, Inc. acquire Paragon 28, Inc.?
Zimmer Biomet Holdings, Inc. acquired Paragon 28, Inc. on January 29, 2025. This was Zimmer Biomet Holdings, Inc.'s 1st publicly tracked acquisition out of 2 we have on record.
How much did Zimmer Biomet Holdings, Inc. pay for Paragon 28, Inc.?
Zimmer Biomet Holdings, Inc. paid $1.10B for Paragon 28, Inc..
What does Paragon 28, Inc. do?
Paragon 28 is a medical device company focused on the foot and ankle orthopedic segment. Zimmer Biomet agreed on January 29, 2025 to acquire all of its shares for an upfront $13.00 per share in cash, an equity value of about $1.1B, plus a contingent value right.
What other Foot and ankle orthopedic devices companies has Zimmer Biomet Holdings, Inc. acquired?
Paragon 28, Inc. is Zimmer Biomet Holdings, Inc.'s only publicly tracked acquisition in Foot and ankle orthopedic devices so far.
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