Thank you so much for your efforts and teamwork in selling RPS! Your approach and process was vital to our successful sale of the Company. In particular, the initiation of a excellent and professional process enabled us to get the actual sales process launched and resourced effectively, which facilitated the smooth initiation of selling discussions in a thorough...Adrienne MacMillan | CFO Rapidscan Pharm Solutions Inc
The Cavendish Team, led by Michael Jewell, did an excellent job managing a well-orchestrated auction process and ensuring the smooth closing of the transaction in a timely manner. They were professional and easy to deal with throughout and committed to achieving a successful outcome for the...Rhian Griffith | Representative of the Shareholders at SG Court
‘The Cavendish team were of great assistance throughout the sale process and in particular finding us the most fitting acquirer, helped by their strong networks in healthcare and their understanding of the oral care...Richard Benholt | Managing Director of Periproducts
At this critical stage in the business it has been important that we make all of the right decisions along the way and appointing Cavendish was one of these key decisions. We have worked with very professional and motivated individuals in Anya, Fiona, Jonathan and Duncan on various stages of the process. We look forward to working with the Cavendish team again as our business develops toward our...Julian Shovlin | Founder and CEO of iSmash
“Cavendish were a fantastic partner for World First throughout the investment process. We were impressed with their knowledge, level of service and professionalism and we are very excited about working with FTV to realise our growth...Neil Sikka | Founder Barbican Dental Care
“Gordon and Mike have built a strong relationship with the shareholders over the last three years, helping us to identify the right potential strategic partner and clearly articulating the strategic...Alan Cheshire | Former Chairman and a Founding Shareholder of Polar Speed
Cavendish were a great adviser throughout the process. They knew how to handle whatever situation occurred and the team were a total pleasure to work with. Thanks to their involvement, we drew a successful conclusion to the deal....Alex Farrel | Managing Director of The IT Job Board
“I wanted to express my personal thanks to you for all your efforts in achieving a successful sale of Yorktest. I never knew how stressful and complex the sale process could be. I really do appreciate your finding a good deal in quite difficult...John Graham|Former Chairman of Yorktest
“Cavendish’s Exit Review allowed us to align and mobilize all stakeholders on the key priorities that have the most impact on valuation over a 6-18 month period – a very valuable...Terry Lee|Chairman, SENAD
Cavendish Corporate Finance LLP is pleased to announce the sale of Finsbury Orthopaedics Ltd , the UK based manufacturer and global distributor of orthopaedic implants, to DePuy Orthopaedics Inc. The financial terms of the sale have not been disclosed.
Finsbury Orthopaedics, based in Leatherhead, has pioneered advanced high performance, large diameter hip bearings that feature proprietary ceramic-on-ceramic and metal-on-metal bearing technologies designed to address the unmet needs of active patients.
Finsbury’s key products include the DeltaMotion® Ceramic-on-Ceramic Hip System, the ADEPT® Metal-on-Metal Hip Resurfacing and Total Hip System, as well as the Medial Rotation Knee System, the Dual Bearing Knee System, the BOX® Total Ankle Replacement, Tuke Saw and multiple small joint reconstructive implant lines.
DePuy Orthopaedics, Inc., a Johnson & Johnson company, is a leading global provider of orthopaedic devices for hip, knee, extremities, and trauma, as well as bone cement and operating room products. It is part of the DePuy Family of Companies, which has a rich heritage of pioneering a broad range of products and solutions across the continuum of orthopaedic and neurological care.
Cavendish has been advising Finsbury for several years, commencing with a consulting exercise focusing on mapping the route to a successful exit and culminating in a highly targeted sale exercise involving the world’s leading major orthopaedic players, based primarily in Europe and the USA.
Hugo Haddon-Grant , the Cavendish partner who led the sale, commented:
“We are delighted to announce the successful sale of Finsbury Orthopaedics in what are challenging market conditions. The outcome proves the huge potential of the product portfolio built up by Finsbury as well as the ability of Cavendish to manage a highly competitive sale process with multinational buyers and to deliver value today for future potential. We are confident that DePuy will provide the best platform for the successful development and marketing of Finsbury’s world class portfolio of products going forward.”