DJO Acquires Trilliant Surgical

DJO Acquires MedShape, Inc.

April 26, 2021

Medical Devices

DJO, a subsidiary of Colfax Corporation, has completed the acquisition of MedShape, Inc., a privately held orthopedic medical device company that develops foot and ankle surgical solutions using patented NiTiNOL shape‑memory biomaterials. The deal expands DJO’s reconstructive/foot & ankle portfolio—adding MedShape’s DynaNail TTC Fusion System and other shape‑memory technologies to support improved clinical outcomes.

Henry Schein Acquires Majority Interest in TriMed, Inc.

April 4, 2024

Medical Devices

Henry Schein, Inc. completed the acquisition of a majority interest in TriMed, Inc., a Santa Clarita, California–based developer of orthopedic implants and solutions for lower and upper extremities. TriMed reported approximately $52 million in 2023 net sales; the TriMed founders will remain with the business and financial terms were not disclosed. Henry Schein said the deal will broaden its surgical product offering to IDNs and ASCs and is expected to be neutral to 2024 non-GAAP EPS and accretive thereafter.

J.F. Lehman & Company Makes Growth Investment in Trillium Engineering

March 31, 2021

Aerospace & Defense

J.F. Lehman & Company’s investment affiliate has made a substantial growth investment in Trillium Engineering, a Hood River, Oregon-based designer and manufacturer of camera gimbals for unmanned aerial systems. Trillium’s founders and employees remain material shareholders and will continue to lead the company as JFLCO supports the firm’s technical and commercial expansion into defense and international UAS markets.

Coats Acquires OrthoLite

October 30, 2025

Manufacturing

Coats Group plc has completed its acquisition of OrthoLite, the global market leader in premium insoles, from Trilantic North America for an initial enterprise value of $770 million. The deal expands Coats' footwear capabilities and brings OrthoLite's Cirql sustainable materials brand into Coats' portfolio; OrthoLite founder Glenn Barrett will continue to lead the business.

Stryker Acquires Artelon

June 3, 2024

Medical Devices

Stryker has signed a definitive agreement to acquire all issued and outstanding shares of Artelon, a privately held developer of soft tissue fixation products for foot & ankle and sports medicine procedures. The deal adds Artelon's synthetic biomaterial technology and product portfolio (with over 60,000 implantations worldwide) to Stryker's foot & ankle and sports medicine offerings and is subject to customary closing conditions.

Vilex Acquires DT MedTech (Hintermann Series Total Ankle Prostheses)

July 23, 2020

Medical Devices

Vilex, LLC (a member of the Squadron Capital family of businesses) has acquired DT MedTech, LLC and its Hintermann Series total ankle replacement product lines (H2 and H3). DT MedTech will become a wholly owned subsidiary of Vilex; Vilex will support US sales through its organization while DT MedTech continues manufacturing and marketing outside the US through its existing distribution network. The deal expands Vilex's lower‑extremity orthopedic product portfolio and global commercial reach.