Amendia said last Friday it acquired Carlsbad, Calif.-based spinal device developer Spinal Elements for an undisclosed amount.
Spinal Elements produces the Ti-Bond porous titanium coating designed for orthopedic devices, and has upcoming launches planned for its Lucent XP expandable cage and Clutch interspinous device.
“The acquisition of Spinal Elements brings a wealth of talent and a portfolio of exciting new products to the Amendia organization. The combination of these two companies solidifies our position as one of the fastest growing and most comprehensive spine companies in the marketplace today,” Amendia CEO Chris Fair said in a press release.
Amendia said that the portfolio of products from Spinal Elements will compliment its recently launched Overwatch pedicle screw system, as well as its Syzygy reduction screw system and Ceres cervical product lines.
“Together, the company moving forward will provide a robust portfolio of spine products featuring titanium-coated PEEK interbody technology. We are thrilled about what lies ahead,” Spinal Elements prez Jason Blain said in a prepared statement.
Last May, Amendia said that private equity firm Kohlberg & Company inked a deal to snag a majority ownership in Amendia. Kohlberg & Company will support Amendia’s growth initiatives with its $1.6 billion private equity fund, the company said.
