Highridge Medical, an H.I.G. Capital Portfolio Company, Completes Divestiture of its Bone Healing Division
- Editor
- Jun 4
- 1 min read
Whats Happening:
H.I.G. Capital, a global alternative investment firm, announces that its portfolio company Highridge Medical has completed the sale of its EBI Bone Healing Division to Avista Healthcare Partners. This divestiture is part of Highridge's strategic move to focus on its core spine solutions and accelerate innovation in surgical technologies.
Key Moves:
Highridge Medical sells EBI Bone Healing Division to Avista Healthcare Partners
H.I.G. Capital continues to own Highridge Medical
Highridge to focus on core spine solutions and accelerate innovation
By The Numbers:
H.I.G. Capital manages $70 billion of capital
H.I.G. acquired EBI as part of Highridge take-private transaction in April 2024
H.I.G.'s current portfolio includes more than 100 companies with combined sales over $53 billion
Key Quotes:
"I'm incredibly proud of the EBI team and all that we've accomplished together," said Glen Kashuba, CEO of EBI.
"This transaction allows us to make significant investments in Highridge's core spine business," said Mike Gallagher, Managing Director at H.I.G.
"EBI remains deeply committed to advancing care, supporting our clinical partners, and driving meaningful, life-changing outcomes."
Bottom Line:
The divestiture of EBI Bone Healing Division marks a strategic shift for Highridge Medical, allowing it to concentrate on its core spine solutions business. This move, backed by H.I.G. Capital, aims to accelerate innovation in surgical technologies and strengthen Highridge's position in the global spinal device market.
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