Arlington Capital Partners acquires Avalign Technologies: 5 things to know

Spinal Tech

The Washington, D.C. private equity firm Arlington Capital Partners acquired Avalign Technologies, a Lake Forest, Ill.-based precision manufacturer of medical devices.

Here are five things to know:

 

1. Before the acquisition, Avalign partnered with RoundTable Healthcare Partners.

 

2. Avalign manufactures implants and instruments, specialty instrumentation, cutting tools and cases and trays for orthopedic medical device and specialty surgical markets. The company provides manufacturing solutions, engineering design and development to its OEM partners.

 

3. Arlington Capital's investment funds represent more than $1.5 billion of committed capital, with a focus on middle market investment opportunities on healthcare services, among other industries.

 

4. Arlington Partner, Matt Altman, praised the Avalign management team and said the company is an "established leader in the large and growing orthopedic precision manufacturing market."

 

5. The exact terms of the agreement, including the cost of acquisition, were not disclosed.

 

More articles on devices:
Lucideon adds impingement testing: 5 things to know

25 spine devices receive FDA 510(k) clearance in June

St. Jude Medical receives FDA approval for wireless spinal cord stimulation: 5 things to know

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers