Gide has advised EOS Imaging, the pioneer in 2D/3D orthopaedic medical imaging, on the acquisition of OneFit Medical, publisher of knee and hip surgery planning software and manufacturer of patient-specific cutting guides for orthopaedic surgeries.
EOS Imaging acquired 100% of OneFit Medical for 4 million euros, comprising an amount in cash and the remainder financed through the issuing of EOS imaging ABSAs (shares with warrants attached) to OneFit Medical. Furthermore, an additional amount, tied to the achievement of regulatory and revenue targets, will be paid to OneFit Medical.
In 2012, EOS group posted consolidated revenue of 9.42 million euros, and employs 70 people, including an R&D team of 25 engineers. EOS Imaging is listed on Compartment C of the NYSE Euronext Paris.
Legal counsel to EOS Imaging:
Gide: Anne Tolila (partner) and Matthias Grolier (associate).