Orchid Orthopedic Solutions Acquired by Altor Fund III

Orchid Orthopedic Solutions, a global supplier of design and manufacturing services of implants and instruments for the orthopedic and dental markets, has been acquired by Altor Fund III from Churchill Equity.

SEB and Proventus Capital Partners provided debt and mezzanine facilities related to the acquisition, which will enable the company to continue to grow organically as well as through an international expansion.

Led by CEO Mike Miller, Orchid provides innovative design and development, implant and instrument manufacturing, advanced machining, plastics technology, implant coatings and surface treatment, and packaging services.

The company, which is headquartered in Holt, MI, USA, has long term relationships with leading medical device OEMs in the industry.

FinSMEs

16/06/2011

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