WESTPORT, Conn. - Gemspring Capital Management, a private equity firm, announced that one of its affiliates has acquired a majority interest in the Flowood, Miss.-based Zavation Medical Products. Zavation designs and manufactures a comprehensive portfolio of spinal hardware and biologics that provide medical solutions to improve and enhance quality of life for patients around the world. Zavation serves nearly 400 hospitals and ambulatory surgical centers through a network of 300-plus distributors and about 100 employees. The firm has an additional facility in Tampa, Fla. Zavation's management team, led by President/CEO Jeffrey Johnson, will continue to lead the business. (Source: Gemspring 07/07/21) Gemspring Acquires Zavation Medical Products (prnewswire.com)
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