Corin Group PLC entered into a binding agreement to buy Omni Orthopaedics Inc. in a transaction that is set to close by early March.
Corin is a U.K.-based orthopedic company backed by global investment firm Permira. Omni is a U.S.-based designer, developer and manufacturer of medical devices for the orthopedic industry, with expertise in robotic-assisted knee replacement.
KPMG LLP provided financial and tax advice to Corin, while Barclays Bank PLC provided strategic advice and Skadden Arps Slate Meagher & Flom LLP provided legal advice. Piper Jaffray & Co. was Omni's financial adviser, while Foley Hoag LLP was its legal adviser.