Montagu is creating a major orthopedic device supplier by orchestrating the merger of Tyber Medical, Intech and Resolve Surgical Technologies (Resolve).

As part of the transaction, Montagu is acquiring Tyber Medical, a medical device company providing private label development and manufacturing services to medtech OEMs. Subject to customary regulatory approvals and closing conditions, Tyber Medical will be combined with Montagu’s existing investments in Resolve, a provider of contract device design, manufacturing, and lifecycle management services, as well as in Intech, an orthopedic surgical device developer/manufacturer.

“Tyber Medical’s track record of successful global launches, averaging 12 months from signing to launch, has revolutionized how our partners expand their portfolios and adapt to the evolving market dynamics,” Tyber Medical Founder/CEO Jeff Tyber said. “This strategic combination brings together the size, scale, and expertise of Intech, along with Resolve’s deep knowledge in the spine and cardiothoracic fields. We are delighted to be partnering with Montagu, an investment firm in the private label OEM sector, and we share their vision of creating an industry champion.“

The combined entity will offer a mix of proprietary market-cleared technologies, and development and manufacturing scale, that will enable OEM customers to achieve unmatched speed to market and improve supply chain resiliency and effectiveness, according to a news release about the transaction. At the time of the merger, the platform is expected to be a leading contract supplier of systems for spine, trauma, extremities, sports medicine, and enabling technologies, with plans to expand its innovation-led model into additional markets. The planned merger will support accelerated innovation and help improve global patient care standards.

“This unique combination represents a significant milestone, enhancing our ability to serve medical technology companies worldwide,” Intech President/CEO Laurent Pruvost stated. “By combining Intech’s global manufacturing footprint and know-how with Resolve and Tyber’s tailored solutions, we will establish ourselves as the undisputed partner of choice in the industry.”

Houlihan Lokey and Dechert LLP, respectively, acted as exclusive financial advisor and legal advisor to Tyber Medical. Weil Gotshal & Manges acted as legal advisor to Montagu, Intech and Resolve.

“Bringing innovation to market with speed and quality is of the utmost importance to our OEM customers,” Resolve President/CEO Megan Osorio commented. “Joining forces will increase our ability to support their growth across the full range of orthopedic implants and instruments by bringing the deep experience of our respective teams and scale of our manufacturing footprint together.”

“Montagu is proud to support the creation of this medical device platform. The three organizations share similar passion and focus on delivering innovative, high-quality, reliable solutions to OEM customers, surgeons, and patients. We look forward to partnering with Jeff Tyber and his team, as well as extending our successful collaboration with Intech and Resolve,” Montagu Partner Adrien Sassi concluded.

Intech manufactures orthopedic devices and mission-critical components. With facilities in the United States, Europe, and Asia-Pacific, the group produces surgical implants, instruments, cutting tools, handles, and sterilization containers. With innovation at heart, Intech is at the forefront of orthopedic contract design and contract manufacturing. Intech is also home to SMADE, its IoMT division that offers smart tracking of geolocation, sterilization cycles, and usage of surgical containers on the field.

Resolve Surgical Technologies is a private label OEM that designs, develops, and manufactures metal and polymer implants and instruments serving the orthopedics, spine, and cardiothoracic markets. Originally founded in 1992 as Pioneer Surgical Technology Inc. and later known as the Metals division of RTI Surgical, Resolve became known for its innovative designs and engineering expertise. Today, Resolve Surgical focuses on creating value as an extension of its OEM partners’ teams to deliver innovation, accelerate speed to revenue, and drive lifecycle management with robust quality and regulatory support.

Tyber Medical LLC is an orthopedic device manufacturer providing rapid access to U.S. Food and Drug Administration-cleared and CE-marked, private label, portfolio-enhancing regulatory-approved orthopedic implants for the spinal, extremity, and trauma markets. Since its 2012 founding, the company has released more than 50 spine, extremity, and trauma systems. Tyber Medical aims to develop and utilize differentiated bioengineered technologies, including surface treatments and coatings, to advance orthopedic science.

Montagu is a mid-market private equity firm committed to finding and growing businesses with a must-have product or service in a structurally growing marketplace. Montagu specializes in carve-out and other first time buyout investments and has deep expertise in five priority sectors: Healthcare, Financial Sector Services, Critical Data, Digital Infrastructure and Education. Montagu partners with companies with enterprise values between €200 million and €1 billion and has €11 billion in assets under management.