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Zavation Medical Products acquired CoreLink. Zavation and CoreLink will continue to operate under their respective brands and the combined business will be led by Zavation CEO Jeffrey Johnson, while Jay Bartling, CEO of CoreLink, will become Chairman of the Board of Directors. Financial terms were not disclosed.
CoreLink provides novel devices and instrumentation for spinal surgery, including a differentiated product portfolio supporting lateral spine procedures. CoreLink has leveraged in-house additive manufacturing techniques to launch its proprietary Mimetic Metal technology to support improved patient outcomes. CoreLink has invested significantly in medical education, including development of a Bioskills facility in St. Louis, Missouri.
The combination of Zavation and CoreLink brings together complementary product portfolios across spine and interventional pain management, geographic footprints and customer bases spanning inpatient and outpatient delivery of care. The increased scale allows the combined company to continue investing in innovative technologies and offers surgeon and distributor partners more rapid product development and enhanced customer service.
Mr. Johnson commented, “The combination of Zavation and CoreLink brings together two industry-leading businesses with shared values and customer-centric cultures.”
Mr. Bartling remarked, “At CoreLink, we’ve solidified our reputation as an innovator of quality orthopedic and spinal devices that have improved the quality of life for countless patients. We are confident this milestone will allow us to continue executing on our mission, while further enhancing our capabilities to best serve our surgeon partners.”
Source: Gemspring Capital
