Warburg Pincus sponsored Tornier applies for $205m IPO

Its shareholders include Warburg Pincus, which bought the company in August 2006 along with venture capital firm, The Vertical Group.

Grenoble-based Tornier BV provides a range of joint replacement products including hip, knees, shoulders, ankles and other protheses. Their Aequalis® and Salto® product ranges helped mark their place as European leader in the joint replacement market.

The company has around $201m in revenue. It says that it will use the money raised to reduce its debt.

The unquote" team is currently researching this transaction. In-depth information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Alexandra Carrera on +44 20 7004 7527 or alexandra.carrera@incisivemedia.com

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