England & Company served as the exclusive financial advisor to CrossRoads Extremity Systems (CrossRoads) in its acquisition by HealthpointCapital (Healthpoint), a leading private equity firm focused exclusively on musculoskeletal healthcare.
CrossRoads offers a broad portfolio of procedure-specific and sterile-packed implants and instrumentation for foot & ankle fixation. The Company's patented Active Stabilization® technology combines continuous dynamic compression and enhanced stability through a hybrid construct of a nitinol clip within a fixation plate. In addition, CrossRoads' high-quality reusable instrumentation and unique EcoSMART® instrument recovery program promote efficient inventory management and improved economics for healthcare facilities.
Healthpoint will partner with CrossRoads' co-founders Vernon Hartdegen and Chad Hollis and the current management team as they continue to expand the Company's portfolio and market presence. Healthpoint has also committed additional equity capital to fund organic growth and bolt-on acquisitions.