Aspen Medical Products Acquires Advanced Orthopaedics

Aspen Surgical Acquires Symmetry Surgical

October 27, 2022

Medical Devices

Aspen Surgical Products, a portfolio company of Audax Private Equity, has acquired Symmetry Surgical from RoundTable Healthcare Partners. The add-on acquisition (terms not disclosed) expands Aspen's portfolio with Symmetry's surgical instrument, electrosurgery and minimally invasive device brands and adds direct-sales capabilities across acute and non-acute care settings.

Spine & Sport Physical Therapy Acquires Advanced Physical Therapy & Sports Medicine

November 2, 2021

Healthcare Services

San Diego-based Spine & Sport Physical Therapy acquired Advanced Physical Therapy & Sports Medicine, adding a Thousand Oaks location and expanding its Ventura County footprint to four clinics. Spine & Sport is a platform backed by Great Point Partners, and the acquisition brings Advanced's clinical team and sports-medicine capabilities into the Spine & Sport network.

Aspen Surgical Acquires Stork Division from Briggs Healthcare

June 14, 2021

Medical Devices

Aspen Surgical Products, a manufacturer of surgical disposable products backed by Audax Private Equity, has acquired the Stork line of branded obstetric disposable products from Briggs Healthcare. The acquisition expands Aspen’s product portfolio in labor and delivery/obstetrics and is positioned as a platform for future growth in the OBGYN market.

Aspen Surgical Acquires Beatty Marketing & Sales

December 16, 2019

Medical Devices

Aspen Surgical Products, Inc., a PE-backed manufacturer of surgical disposables, has acquired Beatty Marketing & Sales LLP, a Redmond, Washington-based maker of orthopedic positioning products, sterile positioning kits and suture retrievers. The add-on expands Aspen's orthopedic disposables portfolio and increases its reach into hospitals and ambulatory surgery centers across North America.

Audax Private Equity Acquires Aspen Surgical Business Unit from Hillrom

July 10, 2019

Medical Devices

Audax Private Equity has entered into a definitive agreement to acquire Aspen Surgical, a Hillrom business unit that manufactures branded and private-label single-use surgical consumables. Aspen Surgical is headquartered in Caledonia, Michigan with operations in Caledonia and Las Piedras, Puerto Rico, and employs approximately 500 people; the transaction is a divestiture of the surgical consumables business from Hillrom to Audax.

Cortec Group Recapitalizes Aspen Medical Products

June 10, 2019

Medical Devices

New York-based private equity firm Cortec Group, via its affiliate Cortec Fund VI, recapitalized Irvine-headquartered Aspen Medical Products on June 10, 2019. The transaction provides Aspen with capital and financing to support product expansion, international growth, infrastructure development and potential acquisitions; terms were not disclosed.