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ConforMIS acquires machining, polishing assets from Broad Peak

ConforMIS Inc. acquired machining and polishing assets from Broad Peak Manufacturing LLC. for approximately $6.5 million.

ConforMIS will pay $5.8 million in cash and the rest in common stock.

The company will integrate 20 employees from Broad Peak, including former managing director Ed Kilgallen, who joined ConforMIS as vice president of operations.

Broad Peak has been supplying several services to ConforMIS since 2014.

ConforMIS is a U.S.-based medical technology company providing joint replacement implants.