Elastic Therapy acquired by DJO LLC

(PresseBox) ( Frankfurt am Main, )
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.

Based in Asheboro, North Carolina/ US, ETI is a designer and manufacturer of approximately 200 medical compression products, including surgical weight stockings, anti-embolism stockings, braces, armsleeves, sheer products, and a variety of medical compression socks. The Company has an impressive record of accomplishment in product innovation with its customers and exemplary customer service spanning two decades, creating longstanding relationships with customers that include many large recognizable branded companies in the medical compression sector across U.S. and international markets.
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