Golub Capital announced it has provided financing to support the acquisition of Apex Foot Health Industries by Orthotic Holdings, a Frazier Healthcare portfolio company.
“Orthotic Holdings presented the opportunity to invest in the combination of two leading providers of custom orthotics and diabetic footwear, which benefit from strong macro growth drivers, well-established and highly diverse customer relationships, a diverse product portfolio and significant share of mind within the physician community,” Stefano Robertson, managing director at Golub Capital, stated in a company press release.
Orthotic Holdings, headquartered in Ronkonkoma, N.Y., offers lower extremity DME technologies and its family of brands includes Arizona AFO, Australian Orthotic Group, Langer Biomechanics, PedAlign, The Orthotic Group and SafeStep. According to the release, their goal is to provide a complete solution of therapies and medical technologies for their partnering customer base of health care providers.
