About Biomet
Biomet is a Healthcare company based in Warsaw (United States) founded in 1977, and was acquired by Zimmer Biomet in April 2014. Orthopedic surgical and non-surgical products are designed and distributed. The company has 10 employees. Biomet has completed 3 acquisitions, including Cartilix, Interpore Cross and Lanx. Its Indian entity Biomet Orthopaedic India Private Limited reported revenue of ₹58.86 Cr. Biomet offers products and services including Z1™ Triple-Taper Hip System, ROSA® Robotics, Persona IQ®, and mymobility® Care Management Platform. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies. Its competitors include Treace Medical Concepts, IlluminOss Medical and Wright Medical; 2 of its 3 listed competitors have raised funding.
Company details
The company was founded in 1977 in Warsaw, United States, and operates in the medical devices sector, focusing on orthopedics. Surgical and non-surgical products are designed, manufactured, marketed, and distributed, including knee and hip reconstructive items, sports medicine and trauma solutions, spine and bone healing devices, neurosurgical tools, dental reconstructive products, and bone cement. An acquisition by Zimmer occurred in 2014, resulting in the formation of Zimmer Biomet.
- Headquarters Warsaw, United States
- Employees 10
- Stage Acquired
- SectorsHealthcare
- Website biomet.com
- Social LinkedIn X Facebook YouTube
- Acquired by Zimmer Biomet (Apr 2014)
- Legal Name Biomet Orthopaedic India Private Limited
- Date of Incorporation 01 Oct, 2009
- Jurisdiction Gurgaon, Haryana, India
- Indian entity revenue₹58.86 Cr
FY 2017 · +12% YoY
- Indian entity net profit₹1.29 Cr
FY 2017 · 2% margin
- Indian entity EBITDA₹9.08 Cr
FY 2017 · 15% margin
- InvestorsGoldman Sachs
& 5 more
- Employee Count10
- Investments & AcquisitionsCartilix
& 2 more
- Acquired by
Associated legal entities of Biomet
Biomet operates through Biomet Orthopaedic India Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Biomet Orthopaedic India Private Limited CIN U33110HR2009FTC058557 | Amalgamated | 01 Oct 2009 | Gurgaon, Haryana | ₹58.9 Cr | 10 | 2 | View details |
Products & Services of Biomet
Biomet offers a comprehensive portfolio of products and services, including Z1™ Triple-Taper Hip System, ROSA® Robotics, Persona IQ®, and mymobility® Care Management Platform.
Implant for hip replacement to improve mobility and stability.
Robotic platform for precise orthopedic surgical assistance.
AI tool for monitoring patient recovery post-surgery.
Platform for managing patient care and rehabilitation remotely.
Apps and channels of Biomet
its YouTube channel Zimmer Biomet has 4.83K subscribers and 30 videos.
Videos from Biomet
The most watched videos on Biomet's YouTube channel, Zimmer Biomet (4.83K subscribers). Click a video to play it here.
More on Zimmer Biomet.
Funding Insights of Biomet
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Biomet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2007 | Private Equity Round | – | – |
6 investors in total: 6 institutional.
Investors in Biomet
Biomet has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, KKR and Blackstone.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mid-market companies are invested in by this private equity firm. | ridgemontep.com | Charlotte, United States | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
Medical devices for multiple health purposes are manufactured. | 1927 | zimmerbiomet.com | Warsaw, United States |
Investor details for Biomet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Biomet Orthopaedic India Private Limited (Biomet)
Biomet Orthopaedic India Private Limited is the primary company behind Biomet. The board of Biomet Orthopaedic India Private Limited currently have 2 directors; the longest-serving is Russell Dale Fleeger Ii, appointed in 2013. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Russell Dale Fleeger Ii DIN 03036006 | Director | 13 Dec 2013 | 12 yrs 10 mo | Biomet Orthopaedic India Private Limited |
| Ajay Bagga DIN 07972681 | Director | 30 Oct 2017 | 9 yrs | Biomet Orthopaedic India Private Limited |
People of Biomet
626 people are tracked at Biomet (240 in leadership, 9 in board & advisors, 377 in team); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Kevin Baird | R&d Associate Director, Site Lead | Leadership |
Jon Berger | Director- US Foot & Ankle Sales | Leadership |
Karen Meck | Associate Director, Outside Processing / Sterilization | Leadership |
John Klibanoff M.D. | Vice President | Leadership |
Zachary Weiner | Senior Director, Investor Relations | Leadership |
Joaquin Hernandez | Talent Acquisition Partner | Leadership |
Joey Testa | Area Vice President Of Sales (east) | Hip Technology | Orthogrid Ai | Hip Insight Mixed Reality | Leadership |
Greg Siller | President, ASC & Surgical | Leadership |
Brandy Baney | Associate Director Of Supply Chain | Leadership |
Kirk Bailey | Chief Technology Officer (r&d) | Leadership |
Kc Mabry | Senior Sales Director, US & Canada ROSA Brain Robotics & Technology | Leadership |
Ivan Tornos | Chairman, President And CEO | Leadership |
Christopher Anderson | President, Robotics & Technology - Zimmer Biomet One Florida | Leadership |
Zach Firth | VP Of Sales At Zimmer Biomet Tri-state | Leadership |
Lauren Johnston | Medical Education Associate Director | Leadership |
Chris Weaver | VP Sales Excellence And Transformation | Leadership |
Scott Cleveland | Associate Director Sourcing / Procurement | Leadership |
Elaine He | APAC Sourcing Director, | Leadership |
Dave Janisch | Vice President Of Operations And Global Services | Leadership |
Howard Levy | Vice President - Global Sourcing & Instruments | Leadership |
606 more people are available in the full profile.
Complete people profiles for Biomet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
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Financials of Biomet
Figures of Biomet Orthopaedic India Private Limited, the primary company behind Biomet, for FY 2017. Revenue was ₹58.86 Cr (+12% year on year). Net profit was ₹1.29 Cr (2% margin). EBITDA was ₹9.08 Cr (15% margin). Revenue has grown at a compounded annual rate of +14% over three years.
- ₹58.86 CrRevenue · FY 2017 · +12% YoY
- ₹1.29 CrNet profit · 2% margin
- ₹9.08 CrEBITDA · 15% margin
- ₹5.00 CrPaid-up capital
- 10Employees (provident fund records)
- +14%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Biomet Orthopaedic India Private Limited are on its company page.
Detailed financial statements for Biomet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Biomet
Biomet has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Cartilix, Interpore Cross and Lanx.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Sells lanyards, badge holders, and accessories for identification protection. | lanx.com | Broomfield, United States | 2003 | Oct 2013 | •••• | |
Cartilage regeneration technologies for knee repair are developed by Cartilix. | cartilix.com | Foster, United States | 2004 | Oct 2009 | •••• | |
Develops a portfolio of Orthopedic products | interporecross.com | Irvine, United States | 1975 | May 2004 | $280M |
Complete acquisition details for Biomet
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
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Verified entity values are shown only after access is granted.
Timeline of Biomet
7 dated milestones of Biomet across 37 years, from founding to its latest funding, stage changes and deals.
- Founded Biomet is founded.
- Acquisition Acquires Interpore Cross.
- Exit Acquired by Blackstone.
- Funding First funding round.
- Acquisition Acquires Cartilix.
- Acquisition Acquires Lanx.
- Exit Acquired by Zimmer Biomet.
Competitors of Biomet
Biomet has 3 listed competitors in our database, 2 of them funded. They include Treace Medical Concepts, IlluminOss Medical and Wright Medical.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| treace.com | 2013 | Ponte Vedra Beach, United States | $15M | 516 | Orthopedic foot and ankle correction systems are developed and offered. | |
| illuminoss.com | 2007 | East Providence, United States | $62.47M | 21 | Minimally invasive orthopedic systems for bone fracture stabilization are developed. | |
| wright.com | 1993 | Memphis, United States | 1,838 | Orthopedic medical devices for upper and lower extremities are developed. |
Detailed competitors of Biomet
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- Full competitor set
- Operating metrics
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Web traffic of Biomet
The website of Biomet (biomet.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 310.6% vs previous month
Websites whose visitors overlap most with Biomet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
zimmer.com | zimmer.com | 100% | #1,979,435 | – | |
wmt.com | wmt.com | 100% | – | ||
| smith-nephew.com | 99% | 296.7K | #152,630 | View details | |
sofamordanek.com | sofamordanek.com | 85% | – | ||
biomet3i.com | biomet3i.com | 84% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 28 similar websites and full traffic analytics for Biomet
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- 28 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Orthopedics
3 companies that operate in the same segment as Biomet (Orthopedics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of high-frequency spinal cord stimulation implants | 2006 | Menlo Park, California, United States | USD 154.1 M | USD 353.08 M | 1,215 | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 |
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Related news about Biomet
Complete news archive for Biomet
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Frequently Asked Questions about Biomet
Biomet was founded in 1977 and raised its 1st funding round 30 years after it was founded.
Biomet is headquartered in Warsaw, United States.
Biomet has 10 employees.
The primary company behind Biomet, Biomet Orthopaedic India Private Limited, reported revenue of ₹58.86 Cr for FY 2017, up 12% year on year.
The company was founded in 1977 in Warsaw, United States, and operates in the medical devices sector, focusing on orthopedics. Surgical and non-surgical products are designed, manufactured, marketed, and distributed, including knee and hip reconstructive items, sports medicine and trauma solutions, spine and bone healing devices, neurosurgical tools, dental reconstructive products, and bone cement. An acquisition by Zimmer occurred in 2014, resulting in the formation of Zimmer Biomet.
Biomet's top competitors include Treace Medical Concepts, IlluminOss Medical and Wright Medical.
Biomet offers Z1™ Triple-Taper Hip System, ROSA® Robotics, Persona IQ®, and mymobility® Care Management Platform.
Biomet has made 3 acquisitions, including Cartilix, Interpore Cross, and Lanx.
Biomet has 6 investors. Key investors include Goldman Sachs, KKR, Blackstone, TPG, and Zimmer Biomet.
Biomet operates through Biomet Orthopaedic India Private Limited.
Yes. Biomet was acquired by Zimmer Biomet in April 2014.
The legal entities of Biomet currently have 2 directors, including Russell Dale Fleeger Ii, Ajay Bagga.