Quadria Capital, a private equity firm, completed the acquisition of a majority stake in Straits Orthopaedics, a global contract manufacturer of orthopaedic-focused medical device solutions. Financial terms were not disclosed. “Straits Orthopaedics has a long history of being the contract manufacturer of choice for our customers around the globe, and we are now looking to cement our market-leading position and institutionalize our vision. I am pleased to partner with Quadria Capital in the next phase of our company’s growth. Quadria’s financial resources and focus on operational value creation make the firm an ideal long-term partner to help us achieve our goals," Mr. Su, Straits Orthopaedics Founder and CEO.