SurgiQuest officially withdraws $75 million US IPO

SurgiQuest, which markets a medical system that enhances access in laparoscopic surgery, withdrew its plans for an initial public offering on Thursday after its acquisition by CONMED for $265 million closed. This deal was originally announced in November 2015.

This story shadows the acquisition of Ellipse Technologies for $380 million by NuVasive from earlier today.

The Milford, CT-based company was founded in 2005 and booked $44 million in sales for the 12 months ended September 30, 2015. It had not disclosed an exchange or ticker symbol. Piper Jaffray and Stifel were set to be the joint bookrunners on the deal.