Stryker Acquires Sage Products from Madison Dearborn Partners
Davis Polk is advising JP Morgan as financial adviser to Stryker Corporation in connection with its $2.775 billion acquisition of Sage Products, LLC from Madison Dearborn Partners. The closing of the transaction, which is expected to occur in the second quarter of 2016, is subject to customary closing conditions.
Stryker is one of the world’s leading medical technology companies. Founded in 1971 and headquartered in Cary, Illinois, Sage is a leading developer of innovative products and proprietary solutions that are designed to help improve outcomes for patients and clinicians.
The Davis Polk corporate team includes partner Alan F. Denenberg and associate Max Brunner. All members of the Davis Polk team are based in the Northern California office.