OrthoPediatrics sheds its adult implant business

ORTHOPEDIATRICS SELLS VILEX ADULT DEVICE BUSINESS (Orthopedics This Week)
OrthoPediatrics Corp. recently announced its sale of the adult product line, Vilex, to Squadron Capital LLC for $25 million.
OrthoPediatrics acquired Vilex in Tennessee, Inc. and Orthex, LLC, together known as Vilex, this past June. OrthoPediatrics paid $60 million, consisting of $50 million in cash and $10 million in stock. The transaction was partially financed by $30 million of new debt provided by Squadron Capital. See OTW’s coverage of the acquisition of Vilex in “OrthoPediatrics Acquires Vilex.”
With the...


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