M&A
confidence high
sentiment positive
materiality 0.85
MiMedx to acquire Sanara MedTech for $35/share in cash and stock, ~$350M enterprise value
MIMEDX GROUP, INC.
- MiMedx to acquire Sanara MedTech for $35 per share ($33 cash + 0.4735 MDXG shares), total enterprise value ~$350M.
- Transaction expected to be immediately accretive to revenue growth, gross margin, and adjusted EBITDA margin; over $20M in run-rate cost synergies.
- MiMedx secured $300M debt commitment from Hayfin Capital Management to finance cash consideration and refinance existing debt.
- Sanara stockholders holding ~38.9% of voting power have agreed to vote in favor via voting agreement.
- Closing expected late 2026/early 2027, subject to Sanara stockholder approval, HSR clearance, and other conditions.