Earn 4% Per Sale
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DJO offers medical technologies designed to keep people moving and ease pain, enabling people to lead active lives. Their products are used by orthopedic surgeons, primary care physicians, pain management specialists, podiatrists, chiropractors and physical therapists among others.
DJO Global enjoys leadership positions across most product categories and its portfolio of iconic brands are trusted by patients, athletes and healthcare professionals worldwide. DJO Global employs approximately 5,000 employees globally and is headquartered in Vista, California.
This transaction is expected to close during the first quarter of 2019 and yield double-digit adjusted EPS growth over its first full year post-closing, subject to customary closing conditions. Colfax anticipates this transaction will be immediately accretive to their financial results and will be funded with cash from operations. A portion of proceeds from this deal may also be used by Colfax towards paying down debt. DJO Global defines Adjusted EBITDA as net income or loss attributable to the Company plus interest expense, income tax provision (benefit), depreciation and amortization expenses; further adjusted for non-cash items, non-recurring items and certain adjustments permitted under DJO Finance LLC agreements related to covenant compliance calculations. Adjusted and Leverageable Adjusted EBITDA do not have standard definitions and may differ between reports by different companies.