Last week, Alphatec Holdings, Inc. (ATEC) announced that it is acquiring French imaging company EOS Imaging, SA (EOS) for nearly $120 million. In connection with the acquisition, ATEC announced a $178 million financing.
EOS is an advanced imaging platform that produces a full body scan and highly accurate 3D model of the spine. The result is a more accurate understanding of patient alignment during diagnosis and a characterization of bone quality. The system elevates the likelihood of surgical goal fulfillment by integrating a fully informed plan into the surgery, and supports a post-operative assessment versus the original surgical plan.
ATEC has been consistently differentiating itself in the spine industry by acquiring and developing advanced proceduralization to compliment its core spinal implant offering.
This year, ATEC’s market capitalization has risen from $400 million to $1.1 billion.