Orthotic Holdings receives PE investment
By HME News Staff
Updated 10:18 AM CST, Tue December 27, 2022
MESA, Ariz. – Orthotic Holdings, Inc. (OHI), a manufacturer of custom foot orthoses, ankle foot orthoses and therapeutic footwear, socks and hosiery, has secured a majority investment from Summit Partners Credit Advisors. OHI's product portfolio includes some of the industry's most recognized brands, including Langer Biomechanical, The Orthotic Group (TOG), Pedalign, Apex Foot Health, Roomy Socks and SafeStep. "We look forward to working with the Summit Credit team as we continue building on our leadership position in the market," said Paul Joyce, CEO of OHI. "This investment will help support the development of improved customer support and innovative products and technologies as we further our commitment to both providers and patients." OHI provides critical lower leg health solutions to health care providers and their patients across North America, Europe, Middle East and Australia/Asia Pacific. Summit Partners is a private equity firm that has provided more than $2 billion of debt capital to businesses across a variety of industries. Founded in 1984, it is currently managing more than $37 billion in assets across growth equity, venture capital, fixed income and public equity funds.
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