Quarton International exclusively advises Surgical Process Institute (SPI) on the takeover by Johnson & Johnson Medical GmbH

October 27, 2017

Leipzig, 27th October 2017 – Quarton International announces the takeover of the software company Surgical Process Institute (SPI) by Johnson & Johnson Medical GmbH, a German company of the international Johnson & Johnson Medical Devices Companies, based in Norderstedt. The acquisition complements the surgical portfolio with solutions for optimizing workflows in the operating theatre. The parties have agreed not to disclose the financial terms of the transaction.

Every year, millions of surgeries are performed around the world. Surgeons usually follow the exact same steps to ensure consistent positive results for patients. However, successful surgery is not only dependent on the surgeons’ performance but also on many steps during a procedure with diverse surgical teams that seamlessly work together.

SPI has developed a way of standardizing surgeries by translating the entire surgical experience into a detailed, step-by-step checklist that follows best-in-class standards. This means that important safety checks are completed every time in the same order and all supporting processes are harmonized.

“At Johnson & Johnson Medical Devices Companies, we are committed to broadening our portfolio of products and services to meet the changing needs of our customers around the world,” said Sandi Peterson, Group Worldwide Chair for Johnson & Johnson. “SPI’s unique offerings have been shown to reduce surgery variability and the time spent in the operating room. These new digital tools will allow us to deliver a more comprehensive and effective solution for our customers and help them continue to improve patient care.”

Dr. Gunter Trojandt, Managing Director of the Surgical Process Institute, commented on the cooperation with Quarton International: “Quarton successfully applied a unique combination of industry-specific expertise and a focus on transaction-oriented methods to ensure a successful takeover.”

The completion of the transaction is subject to customary closing conditions. The transaction is expected to close in the fourth quarter of 2017.

About SPI
Surgical Process Institute (SPI) offers innovative software solutions to improve patient outcomes and operating room efficiency by reducing variability in surgical interventions. The institute’s vision is to establish optimal medical standards in order to ensure the best medical quality and economic efficiency.

The team consists of business economists, process and certification specialists, IT and medical technology experts, architects, marketing specialists and a network of experienced physicians.

Surgical Process Institute Deutschland GmbH, based in Leipzig, Germany, is an ISO 9001:2015 certified company.

About Johnson & Johnson Medical Devices Companies
Johnson & Johnson Medical Devices has an extensive range of products, services and programs as well as expertise in research and development in the fields of surgical technology, orthopedics, cardiovascular and special medical services.

In Germany, Johnson & Johnson is represented by various companies and spread across several locations. In total, the company employs over 4,000 people in Germany. The two largest locations are Norderstedt as a subsidiary of the Medical Devices sector and Neuss for the Pharmaceuticals and Consumer sectors.

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© 2017 Quarton International.