Highridge Medical said it has licensed the U.S. rights of activL to launch its own activL lumbar disc. The spine tech developer said it is commencing production “imminently” to launch the product later this year. “As a pioneer in the cervical disc replacement industry with its market-leading Mobi-C cervical disc approved for one- and two-level […]
H.I.G. Capital
Highridge Medical sells EBI bone healing division to focus on spine
Highridge Medical says it has sold its EBI bone healing division to private equity firm Avista Healthcare Partners. The deal allows Highridge Medical to focus on spine tech as a pure-play company, CEO Rebecca Whitney said in an exclusive interview ahead of the deal’s announcement. “We’re really excited about where we’re headed,” she said. “We’ve […]
ZimVie closes sale of spine business, medtech veterans make up leadership team
ZimVie announced today that it completed the sale of its spine business to establish itself as a pure-play dental company. The company also shared details on the makeup of the leadership team at the now-sold business unit. Westminster, Colorado-based ZimVie announced its intent to sell the spine business to H.I.G. Capital in December 2023. The […]
ZimVie to sell spine business, become pure-play dental company
ZimVie announced today that it agreed to sell its spine business to investment firm H.I.G. Capital. Shares of ZIMV skyrocketed more than 50% to $17.05 apiece by the afternoon. MassDevice‘s MedTech 100 Index was up slightly. The sale of the business, valued at $375 million, establishes ZimVie as a pure-play dental company. Westminster, Colorado-based ZimVie […]
