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Montagu’s Vision for a Leading Medical Devices Supplier

Strategic Merger Announcement

Montagu has made a bold announcement regarding its strategy to develop a ‘world-leading’ medical devices supplier. This ambitious plan revolves around the merger of Tyber Medical, Intech, and Resolve Surgical Technologies. By joining forces, these esteemed companies aim to leverage their individual strengths to foster innovation and improve patient care globally.

Acquisition Details

As part of the transaction, Montagu has finalized a definitive agreement to acquire Tyber Medical. This innovative medical device company specializes in private label development and manufacturing services provided to med-tech Original Equipment Manufacturers (OEMs). Through this acquisition, Montagu seeks to consolidate its medical technology portfolio and expand its capabilities in the rapidly evolving field of medical devices.

Regulatory Approval and Consolidation

The successful completion of this merger is contingent upon customary regulatory approvals and the satisfaction of closing conditions. Upon finalization, Tyber Medical will merge with Montagu’s existing investments in Resolve—renowned for its contract device design, manufacturing, and lifecycle management services—and Intech, a leader specializing in the co-development and manufacturing of complex orthopedic surgical devices. This consolidation is poised to create a powerhouse in the medical device sector.

Enhanced Offerings for OEM Customers

The newly formed entity will offer an unparalleled combination of proprietary market-cleared technologies alongside substantial development and manufacturing scale. This unique synergy will empower its OEM customers to achieve unprecedented speed to market. Moreover, it will bolster the resiliency and effectiveness of their supply chains, addressing critical needs in the medical tech landscape.

Addressing Diverse Medical Needs

Upon the merger’s completion, the platform aims to emerge as a dominant contract supplier in systems for diverse fields, including Spine, Trauma, Extremities, Sports Medicine, and Enabling Technologies. Notably, the organization has ambitious plans to innovate continuously and expand its reach into additional markets. This strategic merger is expected to accelerate innovation and elevate standards of care for patients worldwide.

Insights from Leadership

Jeff Tyber, Founder and CEO of Tyber Medical, expressed his enthusiasm, stating: “Tyber Medical’s proven track record of successful global launches, averaging just 12 months from signing to launch, has revolutionized how our partners can expand their portfolios while adapting to evolving market dynamics. This strategic combination gathers the size, scale, and expertise of Intech alongside Resolve’s deep knowledge in the Spine and Cardiothoracic sectors. Partnering with Montagu, a leading investment firm in the private label OEM sector, aligns perfectly with our vision of creating an industry champion.”

Laurent Pruvost, the President and CEO of Intech, added, “This unique combination represents a significant milestone, enhancing our ability to serve medical technology companies worldwide. By merging Intech’s global manufacturing footprint and know-how with Resolve and Tyber’s specialized solutions, we will establish ourselves as the undisputed partner of choice in the industry.”

Megan Osorio, President and CEO of Resolve, emphasized the importance of innovation: “Bringing innovation to market with speed and quality is paramount for our OEM customers. Our collaboration will enhance our ability to support their growth across the full spectrum of orthopedic implants and instruments by merging our team’s extensive experience and manufacturing capabilities.”

Montagu’s Commitment to Excellence

Adrien Sassi, Partner at Montagu, commented: “Montagu is proud to endorse the creation of this world-class medical device platform. The merger reflects our shared passion for delivering innovative, high-quality, and reliable solutions to OEM customers, surgeons, and patients. We are excited to collaborate with Jeff Tyber and his talented team, as well as to continue our successful partnerships with Intech and Resolve.”

The legal Landscape and AI Support

Amid this complex transaction, legal advisement plays a pivotal role. Houlihan Lokey and Dechert LLP have acted as exclusive financial and legal advisors to Tyber Medical, while Weil Gotshal & Manges have provided legal counsel to Montagu, Intech, and Resolve. Given the intricacies involved in mergers and acquisitions, utilizing tools like the AI legalese decoder can be immensely beneficial. This innovative AI tool simplifies complex legal jargon, making it easier for stakeholders to understand intricate legal documents and contracts. It can help ensure that all parties are fully informed about the terms and implications of the merger, thus enhancing transparency and facilitating smoother negotiations.

By leveraging the capabilities of the AI legalese decoder, companies involved in similar ventures can reduce misunderstandings and enhance communication among stakeholders, paving the way for successful business outcomes.

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