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Warner Represents Vilex and Orthex in Acquisition by OrthoPediatrics


Vilex and Orthex, LLC




OrthoPediatrics Acquisition of Vilex and Orthex

OrthoPediatrics Corp. (OrthoPediatrics) (NASDAQ), announced its acquisition of Vilex in Tennessee, Inc. and Orthex, LLC (collectively, Vilex). The acquisition includes Vilex’s Orthex Hexapod circular fixation technology and proprietary CORA-based x-ray planning software for a total purchase price of $60 million, consisting of $50 million in cash and $10 million in OrthoPediatrics' stock.

Vilex, founded in 1996, is a private company and Tennessee-based manufacturer of precision engineered extremity solutions, specializing in internal and external fixation devices for foot and ankle, pediatrics, deformity correction and reconstructive surgery. Vilex sells its products throughout the United States and in international markets such as Colombia, Mexico, Brazil, Canada and Israel.

Founded in 2006, OrthoPediatrics is an orthopedic company focused exclusively on providing a comprehensive product offering to the pediatric orthopedic market to improve the lives of children with orthopedic conditions. OrthoPediatrics’ global sales organization is focused exclusively on pediatric orthopedics and distributes its products in the United States and 41 international countries.

Warner represented Vilex in the transaction. The Warner team was led by Steve Waterbury and included Mike Jones and Corinne Sprague (M&A), Emily Cantor (corporate), Heidi Lyon (employee benefits), Chuck Burpee and Amber Underhill (intellectual property), Steve Kretschman (tax) and Allyson Terpsma (labor and employment).

Read the full press release here.

Warner’s Mergers and Acquisitions (M&A) Group

As part of one of the largest and most successful law firms in Michigan, Warner’s M&A group draws upon more than 85 years of experience to successfully and efficiently handle a wide range of M&A transactions for both private and publicly traded businesses, including mergers, acquisitions, divestitures, joint ventures and strategic business combinations of all types.

Warner has been ranked as one of the “Best Law Firms” by Best Lawyers and U.S. News & World Report, as one of the leading law firms in Michigan by Chambers USA and our M&A attorneys have been deemed “Super Lawyers” by Michigan Super Lawyers Magazine year after year.

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