ImplantBase Acquired by Surgimate
Deal News | Mar 14, 2025 | Globenewswire
Surgimate, supported by Banneker Partners, has acquired ImplantBase, an Austin-based provider of inventory logistics and sales operations software for medical device companies. This acquisition enables Surgimate to extend its software offerings beyond surgical coordination to include sales and inventory management solutions. Martin Lowrie and The Corum Group played a pivotal role in this transaction, guiding ImplantBase through the acquisition process and connecting them with numerous potential buyers. ImplantBase's CEO, Ethan Lauer, expressed gratitude towards Corum for facilitating this strategic milestone. Corum Group, renowned for its M&A expertise in the tech sector, continues to educate and support companies in the software domain with services like its half-day workshop, "Selling Up Selling Out."
Sectors
- Software
- Healthcare Technology
- Private Equity
Geography
- United States – ImplantBase is headquartered in Austin, Texas, while Surgimate is based in New York, marking the acquisition as significant within the U.S. software and healthcare technology market.
- Israel – Surgimate has R&D offices in Israel, indicating the geographic scope of their operations extends beyond the U.S.
Industry
- Software – The article focuses on surgical coordination and inventory logistics software, highlighting developments in the enterprise software domain.
- Healthcare Technology – ImplantBase provides software solutions for medical device companies, and Surgimate coordinates surgical practices, both falling within healthcare technology.
- Private Equity – Banneker Partners' involvement in the acquisition signifies relevance within the private equity industry, focusing on software enterprises.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ImplantBase | Target | Company | A software company providing inventory logistics and sales operations solutions for medical device firms. |
| Surgimate | Buyer | Company | A provider of surgical coordination software, acquiring ImplantBase to expand its offerings. |
| The Corum Group | Financial Advisor | Company | An M&A advisory firm, assisting ImplantBase in its acquisition process. |
| Banneker Partners | PE Firm | Company | Private equity firm backing Surgimate in the acquisition of ImplantBase. |
| Ethan Lauer | CEO | Person | CEO and Founder of ImplantBase, expressing satisfaction with the acquisition. |
| Martin Lowrie | Advisor | Person | Part of The Corum Group, played a key role in the M&A process for ImplantBase. |