Client
The Acrobot Company Ltd., London, United Kingdom
Developer and manufacturer of precision surgical systems for computer-assisted 3D planning, surgical navigation and surgeon-controlled robotic surgery
Mandate
Evaluate strategic options for the Company – raise additional capital to fund the continued development of Navigator and Sculptor robotic instruments vs. outright sale of the assets.
Acquirer
Stanmore Implants Worldwide, Ltd. a leading developer and manufacturer of customized orthopaedic implants.
Transaction
Asset sale of robotic-navigation orthopaedic surgery solutions and related intellectual property. Financial terms were not disclosed.
Our Role
Acted as Financial Advisor to the Board of Directors and management.
- Prepared dual-track marketing process and compiled due diligence materials.
- Devised and managed strategic sales process maintaining competitive tension through-out the process.
- Lead negotiations with several interested parties and ensured favourable financial outcome for shareholders and stakeholders.
