MiMedx to acquire Sanara Medtech

July 29 (Reuters) - MiMedx Group Inc MDXG.O:

• MiMedx to acquire Sanara Medtech
• Sanara Medtech - MiMedx to buy Sanara in deal valued at $35 per share, enterprise value $350 million
• Sanara Medtech - MiMedx to finance deal with cash on hand and $300 million term loan from Hayfin
• Sanara Medtech - Combined 2027 revenue expected to exceed $400 million, adjusted EBITDA margin over 20%
• Sanara Medtech - Anticipates over $20 million in run-rate cost synergies
• Sanara Medtech Inc: Deal immediately accretive to revenue growth, gross margin and adjusted EBITDA margin