Nordic Capital has acquired a majority stake in Orchid Orthopedic Solutions (Holt, Mich.), a major design and manufacturing outsourcer in the orthopedic medical device space.
Financial terms of the deal – announced Jan. 21 – were not disclosed.
While the Nordic Capital Fund IX is buying a majority stake in Orchid, previous owner Altor Fund III will keep a significant minority holding.
Get the full story on our sister site Medical Design & Outsourcing.