HealthpointCapital completed the acquisition of a majority stake in IlluminOss Medical.

HealthpointCapital, a private equity firm focused exclusively on musculoskeletal healthcare, completed the acquisition of a majority stake in IlluminOss Medical, which offers a unique and disruptive technology for the orthopaedic trauma market. Financial terms were not disclosed. "Our strategy is to develop small musculoskeletal companies with breakthrough innovation. IlluminOss is the second platform investment in our Fund. It is a unique and proven solution that addresses a substantial unmet need and is backed by a team with outstanding intellectual property," John H. Foster, HealthpointCapital Founder and CEO.