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Avalign Technologies Acquires Thortex, Millennium Surgical

Avalign Technologies acquired Thortex and Millennium Surgical under the guidance of Arlington Capital Partners. 

Avalign, a full-service supplier of implants, instruments, cutting tools, German specialty instruments and cases/trays, has grown its capabilities over 10+ years by joining four entities: Instrumed, Advantis Medical, Nemcomed and NG Instruments.

This latest transaction brings, from Thortex, capabilities of metal injection molding, precision manufacturing and porous coating solutions for titanium and cobalt-chrome orthopaedic implants, while Millennium adds its focus on the delivery of difficult-to-find specialty surgical instruments for orthopaedics, neurosurgery and ophthalmics.

These acquisitions establish Avalign's presence in Oregon and Pennsylvania, adding to its multiple facilities located in Illinois, Indiana and Germany. The additional services that both complement and expand Avalign's current offerings will assist medical device companies that seek to consolidate their bases of suppliers, choosing one partner that can address multiple needs across planning, development and manufacturing and on through launch and marketing activities.


     The Avalign Timeline:

     3Q17 Avalign acquired Thortex
     2Q17 Avalign acquired Millenium Surgical (5/3/17)
     3Q15 Avalign acquired by Arlington Capital Partners
     2Q09 Avalign acquired NG Instruments
     3Q07 Avalign acquired Nemcomed
     1Q07 RoundTable acquired Advantis Medical and combined with Instrumed to form Avalign
     4Q05 RoundTable Healthcare Partners acquired majority interest in Instrumed
 


Source: Avalign Technologies, Inc.