HealthpointCapital acquired a controlling ownership stake in CrossRoads Extremity Systems.
What you should know:
1. The musculoskeletal health-focused PE firm acquired CrossRoads for its foot and ankle fixation-related implants and instruments.
2. Healthpoint is partnering with CrossRoads to expand the company's portfolio and market presence.
3. Healthpoint also committed additional funds to fuel organic growth and possible acquisitions.
4. CrossRoads CEO and co-founder Vernon Hartdegen said, "Our partnership will enable us to continue offering innovative, minimally invasive solutions that benefit both patients and healthcare facilities through better outcomes and better economics."