Montagu Private Equity’s $490 Million Acquisition of OEM Business from RTI Surgical Holdings


Sidley Austin and Holland & Knight were RTI Surgical Holdings’ legal advisors on the transaction. Weil, Gotshal & Manges LLP acted as legal advisors to Montagu.

RTI Surgical Holdings, Inc. (Nasdaq: RTIX), a global surgical implant company, announced a definitive agreement for the sale of the Company’s OEM business to Montagu Private Equity LLP (‘Montagu’), a leading European private equity firm, for a total consideration of $490 million.

The transaction is targeted to close in the first half of 2020.

Piper Sandler acted as the exclusive financial advisor and rendered a fairness opinion to RTI Surgical Holdings.

The Sidley team was led by Seth Katz (Picture), and included Bret Diskin, Andrew Perlman, Nidhi Chappidi and Danielle Haikal.

Involved fees earner: Nidhi Chappidi – Sidley Austin LLP; Bret Diskin – Sidley Austin LLP; Danielle Haikal – Sidley Austin LLP; Seth Katz – Sidley Austin LLP; Andrew Perlman – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: RTI Surgical Inc.;

Author: Ambrogio Visconti