Zavation Acquires CoreLink

Gemspring Affiliate Acquires Majority Stake in Zavation Medical Products

July 7, 2021

Medical Devices

An affiliate of Gemspring Capital Management has acquired a majority interest in Zavation Medical Products, a Flowood, Mississippi-based designer and manufacturer of spinal hardware and biologics. Zavation's management, led by CEO Jeffrey Johnson, retained a significant investment and will continue to run the business as Gemspring provides capital and resources to expand the product portfolio and pursue strategic acquisitions.

Zavation Acquires ChoiceSpine

February 26, 2026

Medical Devices

Zavation Medical Products, a Gemspring Capital portfolio company, has acquired ChoiceSpine Holdings, a Knoxville-based designer and manufacturer of spinal implant systems; terms were not disclosed. The deal expands Zavation's spinal implant portfolio and commercial reach across inpatient and outpatient settings, and Derek Kuyper was named CEO of the combined organization.

DataLink Software Acquires Orizon360°

December 17, 2020

Healthcare Services

Tampa-based DataLink Software acquired Miami-based Orizon360° to expand its Evoke360 population health platform with Orizon360°'s Rockerbox value-based analytics and financial informatics. The deal, supported by lead investor Revelstoke Capital Partners, strengthens DataLink's capabilities in risk analytics, claims integration and HMO operations while expanding its Florida footprint among Medicare Advantage payers and providers.

Silony Medical Acquires Centinel Spine's Global Fusion Business

October 19, 2023

Medical Devices

Silony Medical International AG completed the acquisition of Centinel Spine’s Global Fusion Business, including all cervical and lumbar fusion products and the STALIF technology platform. The deal gives Silony a major entry into the United States market, strengthens its anterior standalone cage offering, and the company will rebrand to Silony Spine to emphasize its focus on spinal fusion technology.

Zeda Acquires The Orthopaedic Implant Company

February 13, 2024

Medical Devices

Zeda, Inc. has acquired The Orthopaedic Implant Company (OIC) to expand its medical device capabilities and broaden global manufacturing and distribution of value-based orthopaedic implants. OIC will operate as a Zeda Health company, combining OIC’s implant designs with Zeda’s advanced/additive manufacturing technologies to improve affordability and access to trauma and orthopaedic implants worldwide.

Invictus Growth Partners Makes Majority Growth Investment in Revation Systems (LinkLive)

March 2, 2022

Cloud & SaaS

Invictus Growth Partners has completed a majority growth-capital investment in Revation Systems (now doing business as LinkLive) to accelerate development of its AI-enabled, secure CCaaS platform, LinkLive. The financing will fund product enhancements, international expansion, and continued focus on secure, compliant communications for healthcare and financial-services customers.