CoreLink Partners with The Stephens Group

By Julie A. Vetalice

The Stephens Group, a private investment firm, announced that it finalized its partnership with CoreLink. The equity investment by Stephens Group completes a recapitalization to support CoreLink's growth. Terms of the transaction were not disclosed.

CoreLink is a manufacturer of spinal implants and instrumentation, such as pedicle screw systems, interbody spacers, plates and biologics. In May 2016, the company launched the Entasis™ SI Joint Fusion System.

Sources: The Stephens Group, LLC; ORTHOWORLD Inc.

In the first half of 2016, four private equity firms were involved in deals with orthopaedic device companies:

  • EQT completed acquisition of the majority of shares of Lima Corporate.
  • Keensight Capital purchased aap Implantate's biomaterials unit.
  • Kohlberg & Company acquired majority ownership of Amendia.
  • Thompson Street Capital Partners acquired ISTO Technologies.