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:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news