Nordic Capital acquired a majority holding in Orchid Orthopedic Solutions, according to the Global Legal Chronicle.
1. Orchid manufactures orthopedic implants, with offerings in hip, knee, trauma, extremity and spine. The company has 12 manufacturing sites in the U.S., U.K., Switzerland and China.
2. Altor Fund III will retain a significant minority holding in the orthopedic company.
3. Goldman Sachs and Citi acted as Nordic Capital’s financial advisors; Kirkland & Ellis LLP acted as its legal advisor.