HealthpointCapital takes majority stake in CrossRoads Extremity Systems (MassDevice)
CrossRoads Extremity Systems said today that HealthpointCapital took out a majority stake for an undisclosed amount.
The New York City-based private equity firm, which specializes in musculoskeletal plays, aims to fuel rapid growth via market expansion and bolt-on acquisitions, Memphis-based CrossRoads said.
The company makes a line of foot and ankle repair devices that use its “Active Stabilization” technology. The EcoSmart gamma-sterilized reusable instruments offering includes&...