ARCH Medical Solutions Corp. announced the acquisition of MedTorque, a manufacturer of orthopedic instruments and implants from Parallel49 Equity, a private equity firm focused on investing in specialty manufacturing and business services companies. MedTorque serves a range of orthopedic applications, including spinal fusion and spinal arthroplasty; upper and lower extremities; large joint reconstruction; trauma; and robotic surgery. MedTorque is also known for its silicone handles, ratchet drivers, and torque-limiting drivers that can be custom engineered.
The Elmhurst, Illinois, facility will operate as ARCH Medical Solutions – Elmhurst, and the Kenosha, Wisconsin, facility will operate as ARCH – MedTorque. The acquisition expands the company’s repertoire and strengthens their position as diversified supplier in the medical device contract manufacturing market.
Paul Barck, divisional president of ARCH, says the addition expands the company’s offering to include a broad catalog of surgical instrument handles, torque-limiting drivers, and single-procedure devices for orthopedic OEMs providing innovative products that change lives. “The extensive design and manufacturing experience of MedTorque in nearly every orthopedic discipline combined with its proprietary line of reusable and single-procedure products gives us new capabilities and added scale to offer our customers. MedTorque has also established itself as a strategic supplier of instruments with extremely tight tolerances for robotic-assisted and navigated surgical platforms within the rapidly growing orthopedics and MIS surgical technologies arena,” Barck said.