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Story Box-ID: 397752

SynCap Management GmbH Möriekstr. 11 70178 Stuttgart, Germany http://www.syncap.de
Contact Ms Angelika Schmidt +49 69 70796960
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SynCap Management GmbH

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.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.