Cases & Deals

CDC Innovation and GrowthWorks Capital complete sale of Praxim to Orthopaedic Synergy

Client(s) CDC Innovation

Jones Day provided advice to CDC Innovation and GrowthWorks Capital, as selling shareholders, in the sale of Praxim S.A., a developer of automated systems, software, and instruments used by surgeons to make total joint arthroplasty less-invasive, to Orthopaedic Synergy, Inc., a holding company for OMNIlife Science, Inc. and Enztec, Ltd. which are companies that design, manufacture, and distribute high quality orthopaedic devices. The sale and the continuation plan of Praxim were subject to the approval of the bankruptcy court of Grenoble.