HealthpointCapital Acquires Majority Stake in IlluminOss Medical

May 1, 2020

HealthpointCapital, a private equity firm focused on musculoskeletal healthcare, acquired a majority stake in IlluminOss Medical, a commercial-stage medical device company that makes the Photodynamic Bone Stabilization System for fracture repair. HealthpointCapital said it will partner with IlluminOss to accelerate commercialization, expand regulatory approvals, and drive growth in the orthopedic trauma and geriatric fracture markets. Transaction terms were not disclosed.

Targets
IlluminOss Medical, Inc.
Industry
Medical Devices
Location
Rhode Island, United States
Transaction Type
Buyout

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