OrthoPediatrics acquired Vilex, a foot and ankle surgical device company, for $50 million cash and $10 million in stock, Inside Indiana Business reports.
What you should know:
1. Vilex has both an adult and a pediatric portfolio.
2. Vilex's Orthex Hexapod, CORA-based X-ray planning software and subsidiary company, Orthex, were all included in the transaction.
3. OrthoPediatric acquired Vilex to close the gap between its trauma and deformity portfolios, said OrthoPediatrics President and CEO Mark Throdahl.