Avesi Partners invests in New Age Medical
The St. Louis business coordinates spinal surgery products across manufacturers, sales representatives, hospitals and surgeons, with plans to enter additional specialties and markets.
Corrections and updates
- Correct sector to Healthcare / Medical Devices: official Avesi announcement describes spinal implants, orthobiologics and medical device distribution to hospitals and surgeons.Supporting source ↗
Avesi Partners invested in New Age Medical, a St. Louis-based medical technology business serving the spinal surgery market. Founded in 2012, New Age coordinates spinal implants, orthobiologics and related products among more than 85 manufacturers, 100 sales representatives, 200 hospitals and ambulatory surgery centers, and 350 surgeons nationwide.
Founder and CEO Kevin Bly will continue leading the company with the existing management team. Avesi will support expansion into additional medical specialties and geographic markets.
The announcement did not disclose the ownership stake or financial terms.
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