Hanger Orthopedic acquires Creative Orthotics & Prosthetics
Fri. October 09, 2009; Posted: 02:51 PM
Oct 09, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
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PowerRating -- Hanger Orthopedic Group, Inc. has acquired Creative Orthotics & Prosthetics, Inc., a service provider in fitting custom bracing and artificial limbs. Hanger Orthopedic is a provider of orthotic and prosthetic products and services. Both Hanger and Creative Orthotics are based in the US.
In addition, Hanger has also acquired Custom Orthopedics of Wyoming LLC and certain orthotics and prosthetics assets from the Hospital of the University of Pennsylvania. The combined value of all the three transactions is $10.7 million.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Completed: 2009-10-08
Deal Participants
Target (Company) Creative Orthotics & Prosthetics, Inc.
Acquirer (Company) Hanger Orthopedic Group, Inc.
For full details on Hanger Orthopedic Group (HGR)
click here. Hanger Orthopedic Group (HGR) has Short Term PowerRatings of 7. Details on Hanger Orthopedic Group (HGR) Short Term PowerRatings is available at
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