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RTI Surgical, Inc. (RTIX)

  • Jul. 16, 2013, 7:44 PM
    RTI Biologics (RTIX) says it's completed its $130M acquisition of Pioneer Surgical Technology. Effective immediately, the new name of the company is now RTI Surgical Inc.
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  • Jun. 12, 2013, 2:33 PM
    Implant developer RTI Biologics (RTIX -1%) acquires privately held Pioneer Surgical Technology, a medical technology company that manufactures and distributes metal and synthetic products in the orthopedics, biologics, spine, trauma and cardiothoracic markets, for $130M in cash. The transaction will be funded through a combination of cash on hand, a new credit facility and a concurrent private placement of convertible preferred equity from Water Street Healthcare Partners.
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Company Description
RTI Surgical Inc is a surgical implant company. It processes donated human musculoskeletal and other tissue, including bone, cartilage, tendon, ligament, fascia lata, pericardium, sclera, dermal tissueand bovine and porcine animal tissue..