Protegrity Serves as Exclusive Advisor to Premier Prosthetics Company in Sale to Leading Orthopedic Solutions Provider

Protegrity AdvisorsIn a deal that closed this winter, Protegrity Advisors, a leading mergers and acquisitions advisory and business valuation firm, served as the exclusive advisor to a premier prosthetics company in the sale of all shares of stock to one of the leading orthopedic solutions providers in the world.

Protegrity's client, which has offices throughout New York City, is now part of one of the largest providers of orthopedic bracing in the United States. In business for over 70 years, Protegrity's client has helped generations of New Yorkers live active lives through its wide range of prosthetic, orthotic, and cranial services and treatment. The West Coast-based purchaser provides easy-to-use products, services, and technology to improve the quality and lower the cost of patients' orthopedic needs, providing solutions to over one million patients a year.

Protegrity handled all aspects of the transaction, including purchase price negotiations, deal terms structuring, administration of financial and business due diligence, and coordination with the client's outside legal and accounting advisors. Bruce Newman, Protegrity's Director of Mergers & Acquisitions, worked to bring the deal to a swift close.

"The team at Protegrity exhibited the highest level of professionalism, concern, business acumen and realism, all while keeping me grounded and focused," the seller said following the closing. "Selling a business is a stressful experience, but working with Protegrity gave me a great deal of confidence that the final outcome would be a positive one."

Posted February 1, 2019

 

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Client Testimonials

“Protegrity Advisors exhibited the highest level of professionalism, concern, business acumen and realism all while keeping me grounded and focused throughout the process of selling my business. Bruce Newman and his team have been my anchor for a number of years, counseling me through numerous corporate challenges. There was not a time when they did not know exactly how and when to execute a solution to challenges during the sale process. Protegrity gave me a great deal of confidence that the final outcome would be a positive one. I recommend Protegrity to any business facing challenges or contemplating a purchase or sale.”

Steven A. Mirones
President & CEO
Arimed Orthotics and Prosthetics