CONMED Financial Services Acquisition | M&A Deal

CONMED has completed the acquisition of a commercial lending facility in Florida, for $450,000,000. The arrangement provides incremental term loan commitments tied to CONMED’s credit agreement and guarantee and collateral framework supporting commercial lending acquisition needs. CONMED acquisitions in financial services M&A use the expanded facility to fund strategic acquisition activity and corporate liquidity across FL acquisitions. The other acquisition is a strategic acquisition by a strategic buyer, with $450 million in incremental term A-2 loans under an increased facility activation notice, supporting other acquisition financing.