Wright Medical Group Inc. (NasdaqGS:WMGI) acquired WG Healthcare UK Limited from two individuals for $9.8 million on January 7, 2013. Under the terms of deal, Wright Medical will pay approximately $7.6 million, plus additional contingent consideration with a estimated fair value of $2.2 million to be paid over the next five years subject to the achievement of certain revenue milestones. The two former owners of WG Healthcare Limited have joined Wright Medical as full time employees effective immediately. James Klein, Sarah Cardew, Tom Jameson, David Teare, Paul Mander, Lauren McLardie and Denielle Rickman of Penningtons Solicitors LLP acted as legal advisor to shareholders of WG Healthcare UK Limited. Will Rosen of Ropes & Gray LLP acted as the legal advisor for Wright Medical Group.

Wright Medical Group Inc. (NasdaqGS:WMGI) completed the acquisition of WG Healthcare UK Limited from two individuals on January 7, 2013.