CrossRoads gains new assets via tech acquisition
A capital infusion earlier this year suggested the potential for acquisitions by a Memphis-based medical device maker.
On Nov. 25, CrossRoads Extremity Systems’ capital partner announced that its portfolio company had done just that by acquiring multiple technology assets from Utah-based Surgical Frontiers LLC. Terms of the deal were not disclosed.
New York-based private equity firm HealthpointCapital holds a m ajority stake in CrossRoads after its late spring investment in the company.
CrossRoads…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Jason Bolton Source Type: news