November 28, 2018
Birmingham, Michigan – Quarton International is pleased to announce that ChoiceSpine, LP (“ChoiceSpine”, or the “Company”) has been acquired by Altus Capital Partners. Quarton International acted as the exclusive investment banking advisor to the Company in this transaction.
ChoiceSpine is one of the fastest growing spinal implant companies in the market. Since its founding in 2006, the Company has developed over 20 product lines and serves over 250 surgeons. ChoiceSpine offers a broad portfolio of spinal products that cover ~90% of spinal procedures and an expanding number of innovative products that are designed to allow for less invasive access to the spine and faster patient recovery times compared to traditional open access surgical approaches.
ChoiceSpine (www.choicespine.com) is a designer, manufacturer and marketer of specialized spinal implants, instrumentation and biologics for the surgical treatment of complex spine disorders. Based in Knoxville, TN and founded in 2006, ChoiceSpine develops spinal hardware and biologics products. The Company is devoted to enhancing the quality of life for spinal patients and seeks to be the most responsive spine company with exceptional service.
Altus Capital Partners (www.altuscapitalpartners.com) is a private equity firm that makes control investments in middle market manufacturing businesses. Altus utilizes a patient, thoughtful investment approach and seeks to partner with the management teams of its operating companies to achieve growth. Altus maintains offices in Wilton, CT and Lincolnshire, IL and has completed 18 platform investments and numerous add-on acquisitions since its founding in 2003.
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