Summit Partners Credit Advisors announced its acquisition of Orthotic Holdings Inc. (OHI), a company that creates custom medical devices for healthcare providers who treat conditions associated with the lower extremities.
OHI was founded in 2011 and is based out of Mesa, Arizona. It has seven orthopedic brands under its umbrella that all treat lower extremity conditions.
A branch of Summit Partners, Summit Partners Credit Advisors is a leading provider of debt capital to private and public middle-market companies. It was founded in 2010.
According to data captured from the LevinPro HC database, this acquisition marks the 121st Medical Devices deal of the year, and 26th of the quarter. The financial terms of the acquisition were not disclosed.
