Smith & Nephew plc (LSE:SN.) acquired Engage Uni, LLC for approximately $140 million on January 18, 2022. The cost of the acquisition is contingent on sales performance. The maximum consideration, all payable in cash, is $135 million and the provisional fair value consideration is $132 million and includes $32 million of contingent consideration. The acquisition was financed from existing cash and debt facilities. Dan Justin, Chief Executive Officer, Engage Surgical and the team is joining Smith & Nephew. Harold Birnbaum, Michael Mollerus, Elina Khodorkovsky, Veronica M. Wissel, David R. Bauer and Jesse Solomon of Davis Polk & Wardwell LLP acted as legal advisor to Smith & Nephew plc. Smith & Nephew plc (LSE:SN.) completed the acquisition of Engage Uni, LLC on January 18, 2022.