DJO Global to Be Acquired by Colfax for $13.5B

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Colfax, Annapolis Junction, MD, has entered into a definitive agreement to acquire DJO Global, Vista, CA, for $3.15 billion. The transaction, which will be funded with cash, debt, and equity, is expected to close in the first quarter of 2019. Upon closing of the sale, DJO Global will operate as a new segment within Colfax and be led by current DJO Global President and CEO Brady Shirley, who will report directly to Matt Trerotola, president and CEO of Colfax.