Ropes & Gray advised EBI in its acquisition of Xstim, a division of Precision Medical Products Inc., focused on developing next generation bone growth stimulation solutions. The transaction was announced on June 18.
EBI is a pioneer of electrobiology innovations and a portfolio company of Avista Healthcare Partners, a leading middle-market healthcare private equity firm. The acquisition of Xstim enhances EBI's comprehensive bone growth stimulation portfolio with a next generation, modern, wearable, non-invasive spine fusion stimulation therapy designed to support patient comfort, ease of use, and clinical confidence.
The Ropes & Gray team included private equity partner Sam Levitt, health care partner Jamie Darch, executive compensation & benefits partners Richard Kidd and Meghan Bisk, IP transactions partner Jordan Altman, tax partner Benjamin Rogers, and finance partner Jeffrey Lang.
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