Cobepa S.A. (“Cobepa”), a global private equity firm, announced Monday that it has closed a growth equity investment in Precision Orthopedics (“Precision” or “the Company”), a leading provider of integrated orthopedic surgical care services across Maryland. Precision will use the new capital to bolster its current operations and implement its expansion plans within Maryland and elsewhere. Based in Laurel, Maryland, Precision is among the state’s largest independent providers of clinical and surgical orthopedic treatment and ancillary patient care services. Utilizing a network of ten clinical locations, an ambulatory surgery center, and its deep hospital relationships, Precision provides a broad spectrum of comprehensive, patient-centric musculoskeletal care. Based in Brussels and New York, Cobepa is a privatelyâheld investment company backed by European families. Cobepa North America is primarily focused on investments in the healthcare and business services sectors.
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Source: https://www.prnewswire.com/news-releases/precision-orthopedics-receives-growth-equity-financing-from-cobepa-sa-300985914.html