ARCH Medical Solutions completed the acquisition of MedTorque from Parallel49 Equity.

ARCH Medical Solutions, a manufacturer of medical components, parts, instruments, devices, and implants, completed the acquisition of MedTorque, a manufacturer of orthopedic instruments and implants, from Parallel49 Equity, a private equity firm. Financial terms were not disclosed. “We are pleased to be joining ARCH Medical Solutions, and we are looking forward to working with Paul and his team to quickly combine and expand the portfolio of products and solutions we offer our customers. It has been clear throughout our discussions we share values and a commitment to employees and customers. I am convinced this is a great fit for our employees and have no doubt our customers will benefit from the added resources and expertise resident in ARCH. I am pleased we were able to bring this together and applaud the ARCH team for the way they conducted themselves every step of the way,” Steve Sundberg, MedTorque President and CEO.