Cortec Group Recapitalizes Aspen Medical Products

Aspen Medical Products Acquires Advanced Orthopaedics

January 29, 2025

Medical Devices

Aspen Medical Products, the Irvine-based spinal orthopedics manufacturer, has acquired Advanced Orthopaedics, a manufacturer and supplier of bracing solutions and orthopedic soft goods. The acquisition expands Aspen’s product portfolio into the bracing and supports market and is intended to strengthen service to distributors, hospitals, DME suppliers and retail partners while enhancing Aspen’s global reach.

Cortec Group Acquires MPLT Healthcare

August 14, 2025

Healthcare Services

Cortec Group, a New York–based private equity firm, has acquired MPLT Healthcare from P2P Staffing Corporation. MPLT’s management team will remain invested as Cortec supports the company’s expansion through technology and operational investments, new clinical specialties, and targeted acquisitions.

Cortec Group Growth Recapitalizes Lap of Love Veterinary Hospice

March 27, 2020

Veterinary

Cortec Group (via Cortec Fund VI) completed a growth recapitalization of Lap of Love Veterinary Hospice, partnering with founders Dr. Dani McVety and Dr. Mary Gardner. The investment will support Lap of Love's continued geographic expansion, service offering growth, and scaling of its national in-home end-of-life care network for companion animals.

Cortec Group Completes Growth Recapitalization of Pink Lily

November 2, 2021

E-Commerce

Cortec Group (through an affiliated investment group led by Cortec Fund VII) completed a growth recapitalization of Pink Lily on November 16, 2021, with founders Tori and Chris Gerbig remaining significant owners and continuing to lead the company. The investment will support Pink Lily's continued e-commerce growth through marketing optimization, new product introductions, and investments in personnel and systems infrastructure.

Cortec Group Completes Growth Recapitalization of Four Seasons Heating & Air Conditioning

November 1, 2022

HVAC & Mechanical

Cortec Group, via an affiliated investment vehicle led by Cortec Group Fund VII, completed a growth recapitalization of Four Seasons Heating & Air Conditioning on November 18, 2022, with CEO Dave Musial retaining a significant ownership stake. The investment will support Four Seasons’ organic expansion and an acquisitive growth plan across the Midwest; terms were not disclosed and senior debt was provided by Antares Capital, Adams Street Partners, MetLife Investment Management and Apogem Capital.

Cortec Group Growth Recapitalizes Little Sleepies

December 10, 2021

Consumer Products

Cortec Group, via an affiliated investment group led by Cortec Fund VII, completed a growth recapitalization of Little Sleepies, LLC on October 29, 2021. The minority/growth investment will partner with founder and CEO Maradith Frenkel to accelerate brand awareness, expand product categories, and scale digital marketing and supply chain capabilities.