Sidley Represents Smith+Nephew in Integrity Orthopaedics Acquisition Valued Up to US$450 Million

Sidley is representing Smith+Nephew (LSE: SN, NYSE: SNN), a global medical technology company, in its acquisition of Integrity Orthopaedics, a U.S.-based sports medicine company focused on soft tissue repair solutions, for up to US$450 million. The transaction expands Smith+Nephew’s shoulder repair portfolio and is expected to represent a meaningful step in its growth strategy in sports medicine. The transaction terms include an initial cash payment of US$225 million, plus additional performance-based payments of up to US$225 million over the next five years.

The Sidley team is being led by Pran Jha and Joe Michaels (M&A), and includes Danielle Haikal, Hannah Ellis, Kathy Jara, McKenna Chadwick, and Parker Whitlow (M&A); Lauren Grau, Dina Kang, and Patrick Donaldson (Technology and Life Sciences); Lauren Gallagher, Amanda Casanueva, and Nicholas Carballo (Employee Benefits and Executive Compensation); Cathryn Le Regulski and Kristina Daisak (Employment); Torrey Cope, Kelly Cho, and Lauren Limbach (Food, Drug and Medical Device); Elizabeth Hardcastle, Melody Mostow, and Gabrielle Feliciani (Healthcare); Ash Nagdev and Sasha Hondagneu-Messner (Privacy and Cybersecurity); Liz McCloy and Brandon Bryer (Real Estate); and Suresh Advani and George Chen (Tax).