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.
Law Firms: Sidley Austin LLP;
Clients: RTI Surgical Inc.;