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Silony Medical Acquires Centinel Spine'S Global Fusion Business

Sep 07, 2023•almost 2 years ago

Acquiring Company

Silony Medical

Acquired Company

Centinel Spine, LLC

West ChesterMedical DeviceBiotechnologyHealth CareManufacturingHealthcare

Description

Silony Medical International AG (the company), a growing challenger to "big medtech" in the global spinal fusion market, has signed a definitive agreement to acquire Centinel Spine's Global Fusion Business. This combines Silony's Verticale® posterior screw & rod fusion System, its Roccia® and Favo® Interbody Fusion (IBF) Systems with the STALIF® Technology Platform to create a first in class occiput to sacrum, posterior, lateral and anterior Spinal Fusion Portfolio for open & minimally invasive spinal fusion cases.

Company Information

Company

Silony Medical

About

Established in 2013 by the internationally renowned hospital group, Schön Clinic, in Germany, Silony Medical is a market disrupter aiming to change the status quo of how product manufacturers partner with hospital systems. Silony Spine curates and designs spinal hardware and tools that provide surgeons and hospitals with high-value product solutions that are highly compatible with enabling technologies. For more information, please visit the company's website at www.silony-medical.com or contact:

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed