Bioventus Announces Divestiture of Its Advanced Rehabilitation Business to Accelmed Partners
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Bioventus Inc. (Nasdaq: BVS) (“Bioventus” or the “Company”), a global leader in innovations for active healing, announces that it has signed a definitive agreement to sell its Advanced Rehabilitation business of its subsidiary, Bioness, to Accelmed Partners (“Accelmed”), a private equity firm focused on acquiring and growing commercial-stage HealthTech companies. The transaction includes a total
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $65 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of SkinCure Oncology Intermediate LLC (“SkinCure Oncology” or the “Company”), a leading provider of image-guided superficial radiation therapy (“IG-SRT”) solutions. Headquartered in Burr Ridge, IL, SkinCure
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Stryker (NYSE: SYK) announces that it has completed the acquisition of Vertos Medical Inc., a leader in interventional pain management solutions for chronic lower back pain caused by lumbar spinal stenosis. “The acquisition of Vertos Medical enhances our unique, non-surgical solutions for interventionalists addressing chronic lower back pain, while broadening our presence in ambulatory surgery
Spectra Medical Devices, LLC (“Spectra”), a portfolio company of QHP Capital, is pleased to announce the closing of its acquisition of XL Precision Technologies Ltd. (“XL-PT”). XL-PT is now a wholly-owned subsidiary of Spectra. XL-PT is a Contract Development and Manufacturing Organization (“CDMO”) specializing in the manufacture of precision micro-components, complex tubular components, and sub-assemblies
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Sanner Group (“Sanner”), a leading global healthcare packaging and medical device CDMO has acquired Gilero LLC (“Gilero”), a world class medical device design, development, and contract manufacturer headquartered in Durham, North Carolina. The addition of Gilero will enhance Sanner’s offering, positioning the business as a leading provider of end-to-end services across drug delivery, diagnostics and
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