Private equity firm acquires materials distributors for spinal implants

Private equity firm MiddleGround Capital has acquired titanium materials distributors Supra Alloys and Edge International.

Four things to know:

1. Edge is a distributor of cobalt-chrome, stainless and titanium products for spinal, orthopedic and trauma implants. 

2. Supra Alloys and Edge were acquired from Titan Metal Fabricators, which designs corrosion-resistant products for the medical and aerospace industries.

3. The two companies will merge with Banner Industries, a portfolio company acquired by MiddleGround Capital in December.

4 Terms of the transaction were not disclosed.

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