The Medline IPO is a strong signal. Maybe we will see more Ortho PE IPOs in 2026.
I would watch for these four:
1/ Advita Ortho (fka Exactech): This is the "phoenix" rising from the assets of Exactech following its 2024 bankruptcy. It officially launched in November 2025 with a fresh balance sheet, shedding the legacy recall liabilities. It is now owned by an investor group led by Strategic Value Partners (SVP), Stellex Capital Management, and Greywolf Capital Management.
2/ Tyber Medical: Acquired in early 2025 by Montagu, which merged it with Intech and Resolve Surgical Technologies to creat...
