Avista Healthcare Partners has announced the acquisition of EBI.
EBI, launched in 1979 and based in Parsippany, New Jersey, is a division of Highridge Medical that offers a portfolio of implantable and non-invasive bone growth stimulation solutions.
Avista, founded in 2005 and based in New York, makes control buyout investments in middle market healthcare companies. The firm focuses on the following healthcare subsectors: pharmaceuticals, medical devices, outsourced pharmaceutical services, distribution and consumer-driven healthcare.
Terms of the transaction were not disclosed.
