Avesi Partners recently announced an investment in New Age Medical, a medtech hub founded in 2012 and based in St. Louis, Missouri. New Age Medical supports the flow of medical solutions, primarily for spinal surgery, from manufacturers through representatives to hospitals, ambulatory surgery centers and surgeons. Avesi, a private equity firm founded in 2021 and based in Stamford, Connecticut, focuses on healthcare services, healthcare technology and business services.
The firm typically targets lower middle market companies with $5 million to $30 million in EBITDA. The financial terms of the investment were not disclosed.
Source: Healthcare Investor · Summarized by HeadlinesBriefing