Zavation Acquires ChoiceSpine

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 CoreLink

June 26, 2023

Medical Devices

Zavation Medical Products, a portfolio company of Gemspring Capital, has acquired CoreLink, a vertically integrated spinal implant and instrumentation manufacturer, from The Stephens Group. The Stephens Group retains a minority stake; the combined business will be led by Zavation CEO Jeffrey Johnson with CoreLink CEO Jay Bartling serving as chairman, and the deal aims to expand the platform's product suite, manufacturing capabilities (including additive Mimetic Metal technology) and clinical education resources.

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

April 1, 2024

Medical Devices

An affiliate of H.I.G. Capital has completed the acquisition of the Spine division of ZimVie, Inc. The acquired business will operate independently under the new name Highridge Medical, headquartered in Westminster, Colorado, and H.I.G. plans to invest in R&D, product innovation and strategic growth to build a leading privately held spine platform.

VB Spine Acquires Stryker's Cestas Manufacturing Facility

January 6, 2026

Medical Devices

VB Spine LLC completed the acquisition of Stryker’s spinal implant manufacturing facility in Cestas, France, transferring site employees and operations to VB Spine. The deal expands VB Spine’s global manufacturing footprint and is financed in part by equity investors Viscogliosi Brothers entities with support from Barings.

synava Group Acquires IT-Choice Software GmbH

September 25, 2025

Healthcare Services

The synava Group, a BU (Bregal Unternehmerkapital)-backed healthcare IT platform, has added German oncology documentation provider IT-Choice Software GmbH (maker of ONKOSTAR) to its group. The acquisition expands synava's clinical capabilities into oncology, enabling closer integration with its existing radiology-focused offerings and strengthening workflows across tumor boards and cancer registries.

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.