MESA, Ariz., July 7, 2022 /PRNewswire/ — WillowWood World LLC (“WillowWood,” or the “Enterprise”), a foremost designer, producer, and distributor of prosthetic merchandise, currently declared that it has obtained MAKstride Prosthetics (“MAKstride”). The really complementary transaction represents WillowWood’s to start with strategic acquisition since partnering with growth-oriented non-public equity organization Blue Sea Cash LLC (“Blue Sea”) in December 2021.
Primarily based in Mesa, Arizona, MAKstride develops, styles, and manufactures prosthetic equipment and componentry, like prosthetic feet, foot shells, and superior-precision machined elements. Launched in 2006, MAKstride is noteworthy amongst prosthetic associates for its extraordinary R&D functionality, precision machining abilities, and manufacturing experience across various metals, fiberglass, carbon fiber and plastics.
“The MAKstride acquisition marks the fruits of a multi-12 months, collaborative partnership with Monty and his staff to co-build chopping-edge innovation for the prosthetics sector, including the recent launch of our groundbreaking META® Shock X merchandise in the broader META® foot platform,” claimed Daniel Rubin, COO of WillowWood. “We are psyched and fortunate to have them as aspect of the WillowWood relatives.”
Said Dr. Monty Moshier, Founder and CEO of MAKstride, “As an aeronautical engineer and the son of a lower limb amputee, I launched MAKstride 16 several years ago to implement my engineering know-how to my passion for prosthetics. Because then, we have grown to grow to be a planet-class prosthetics associate serving amputees globally. We intentionally selected WillowWood as our favored partner and, after numerous yrs of collaborative innovation, glimpse forward to signing up for the business.”
As a vital member of WillowWood’s management, Dr. Moshier will keep on to direct MAKstride as Handling Director and will serve as a investigate fellow for WillowWood’s R&D endeavours, like numerous approaching META® merchandise launches.
Added Erin Lansky, Principal at Blue Sea, “We partnered with WillowWood’s management to strategically transform the prosthetics business, and the MAKstride acquisition represents an exciting get started towards accomplishing that vision. The offer underscores our enjoyment to receive or lover with other prosthetic unit manufacturers and their talented leaders who share our main benefit of securing good client outcomes.”
McDermott Will & Emery delivered lawful counsel to the Company.
Speak to:
Anthony Rystad
marketing and [email protected]
7408698188
Look at unique content material to obtain multimedia:https://www.prnewswire.com/news-releases/top-prosthetics-manufacturer-willowwood-worldwide-has-acquired-makstride-301582743.html
Source WillowWood Global
More Stories
Maverick’s Fighter Jet Stunts Push the Boundaries of Physics
Women’s History Month 2022: An Interview with Jennifer Thompson
You Might Be Surprised to Learn That the First ‘Top Gun’ Is Actually Pretty Realistic