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Belgrade,Montana -based Bacterin to acquire Ohio firm, rebrand as Xtant Medical Holdings Inc. in $88-million deal

August 1, 2015View for printing

Combines Belgrade-based biotech company Bacterin's http://bacterin.com/ strength in orthobiologics with X-spine's expertise in hardware offering complementary product lines focused on orthopedic and spine surgical procedures.

Pro forma revenue and EBITDA for the combined company for the 12 months ended December 31, 2014 was approximately $77.5 million and $3.9 million, respectively.

Strategic combination to offer complementary product lines to more comprehensively serve customers for a wide range of orthopedic and spine surgical procedures.

Expands distribution footprint to over 300 field sales representatives, and over 50 national accounts and regional health system/IDN contracts.

Bacterin International Holdings, Inc. to be renamed Xtant Medical Holdings, Inc.

Bacterin representative Melissa Christensen said Friday that the combined company is also in talks for listing on the Nasdaq stock exchange.

Full Story: http://bacterin.com/news-rss/xtant-a ... 15256f.html

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Montana Career Opportunities - Circulation Technician I, Processing Technician I, Processing Supervisor - Bacterin http://www.matr.net/article-67239.html
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