Close the acquisition of Key Surgical, a portfolio company of Water Street Healthcare Partners
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 6 Oct 2020
- Due
- 31 Dec 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is anticipated to close by December 31, 2020 pending customary closing conditions and regulatory approval.”
What we found
Evidence strength A What the grades mean
A 10-Q for the period ending December 31, 2020 reports a purchase price allocation for the Key Surgical acquisition, indicating the deal closed by that date. The exact closing date is not stated.
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A Steris 10-Q filed 2021-02-09
“Purchase price allocation is still preliminary as of December 31, 2020, as valuation has not been finalized.” ✓ confirmed on the page
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A Steris 10-Q filed 2021-02-09
“Intangible assets resulting from the Key Surgical acquisition may consists of patents, trade names, Customer Relationships, non-compete agreements, and technologies, pending the outcome of the final valuation.” ✓ confirmed on the page
Market reaction: the shares moved -0.9% against the S&P 500 over the three sessions around the disclosure (8 Feb 2021 to 11 Feb 2021). What this measures
Checked 10 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Acquisition of Key Surgical
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: customary closing conditions; regulatory approval
- Depends on
- Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-STE-006369 · Corrections policy