Clairfield Partners in the US (McColl Partners) and Germany (SynCap) acted as financial advisors to Elastic Therapy, Inc. ("ETI" or the "Company") in its sale to DJO Incorporated ("DJO"), a portfolio company of The Blackstone Group (NYSE: BX) though an international bidding process.
ETI is the largest U.S.-based designer and manufacturer of private label medical compression therapy products used to treat and prevent a wide range of venous disorders. The acquisition of ETI presents an excellent strategic fit for DJO by providing a complementary product suite and distribution channel base to bolster DJO's growing vascular franchise worldwide.
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ETI is the largest U.S.-based designer and manufacturer of private label medical compression therapy products used to treat and prevent a wide range of venous disorders. The acquisition of ETI presents an excellent strategic fit for DJO by providing a complementary product suite and distribution channel base to bolster DJO's growing vascular franchise worldwide.
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