Local device firm gets private equity infusion

One of Memphis' largest medical device companies has gotten an infusion of capital — and sector expertise.  New York-based private equity firm HealthpointCapital LLC has taken a controlling interesting in Memphis-based CrossRoads Extremity Systems. HealthpointCapital focuses its investments on the musculoskeletal sector.  The equity firm will provide access to additional ope rating capital for growth, market expansion, and “bolt-on” acquisitions for further growth.  "CrossRoads' unique…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news