H.I.G. Capital Acquires ZimVie's Spine Business, Rebrands as Highridge Medical

Avista Healthcare Partners Acquires EBI Bone Healing Division from Highridge Medical

June 4, 2025

Medical Devices

Avista Healthcare Partners has acquired EBI, the bone healing division of Highridge Medical, marking Avista's 50th platform healthcare investment. The deal is a carve-out/divestiture from Highridge (a H.I.G. Capital portfolio company) intended to position EBI as a standalone leader in bone growth stimulation technologies.

ARCHIMED Acquires ZimVie

October 20, 2025

Medical Devices

ARCHIMED MedTech, via its MED Platform II fund, has taken NASDAQ-listed ZimVie private in a $19.00-per-share cash transaction valuing the company at an enterprise value of approximately $730 million. Headquartered in Palm Beach Gardens, Florida, ZimVie is a global dental technology company (implants, regenerative biomaterials and digital dentistry) with ~1,700 employees; ARCHIMED plans to accelerate growth, invest in new product development and pursue selective complementary acquisitions.

Boston Scientific Acquires Vertiflex from H.I.G. BioHealth Partners

June 18, 2019

Medical Devices

Boston Scientific acquired Vertiflex, Inc., a Carlsbad-based developer of the Superion interspinous spacer for lumbar spinal stenosis, for approximately $465 million in cash plus contingent payments. The transaction was announced in May 2019 and completed in June 2019; Vertiflex had been backed by H.I.G. BioHealth Partners.

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.

H.I.G. Capital Acquires St. Croix Hospice from The Vistria Group

October 19, 2020

Healthcare Services

An affiliate of H.I.G. Capital, through its H.I.G. Advantage Buyout Fund, has signed a definitive agreement to acquire St. Croix Hospice from The Vistria Group. St. Croix Hospice, founded in 2008 and based in Oakdale, Minnesota, provides hospice and related comfort services across the U.S. Midwest; terms were not disclosed.

VB Spine Acquires Stryker’s Spinal Implants Business in Australia and New Zealand

July 31, 2025

Medical Devices

VB Spine LLC has completed the acquisition of Stryker’s spinal implants business in Australia and New Zealand. The deal marks VB Spine’s first market entry outside the United States; LifeHealthcare will remain the exclusive distributor across both countries, and Viscogliosi Brothers LLC and Viscogliosi Brothers Watermark LLC are equity investors in VB Spine.