In March 2020, the Company completed an Asset Purchase Agreement (the “Purchase Agreement”) with Wittenstein SE (“Wittenstein”), a privately-held German-based company, to acquire assets associated with the FITBONE intramedullary lengthening system for limb lengthening of the femur and tibia bones for $18.0 million in cash consideration. The Company also entered into a Contract Manufacturing and Supply Aggreement (“CMSA”) with Wittenstein.

In July 2020, the Company, acquired certain assets of a medical device distributor for consideration of up to $7.6 million.

In January 2019, the Company acquired certain assets of Options Medical, LLC (“Options Medical”), a medical device distributor based in Florida for $6.4 million. Under the terms of the acquisition, the parties terminated an existing exclusive sales representative agreement, employees of Options Medical became employees of the Company, and the Company acquired all customer lists and customer information related to the sale of the Company’s products.

(U.S. Dollars, in thousands)	FITBONE		Assigned Useful Life	Distributor Acquisition		Assigned Useful Life	Options Medical		Assigned Useful Life
Assets acquired
Inventories	$	528		$	—		$	—
Other long-term assets		—			—			175
Intangible assets
Customer relationships		800	15 years		7,340	5 years		5,832	10 years
Developed technology		4,500	8 years		—	N/A		—	N/A
IPR&D		300	Indefinite		—	N/A		—	N/A
Trade name		600	15 years		—	N/A		—	N/A
Assembled workforce		—	N/A		235	5 years		568	5 years
Total identifiable assets acquired	$	6,728		$	7,575		$	6,575

Liabilities assumed
Other current liabilities	$	—		$	—		$	69
Other long-term liabilities		—			—			106
Total liabilities assumed		—			—			175
Goodwill		11,272			—			—
Total fair value of consideration transferred	$	18,000		$	7,575		$	6,400