FX Solutions specializes in the design, manufacture and sale of shoulder implants and surgical instruments. The company's product offering is comprised of shoulder prostheses meeting all existing needs in shoulder arthroplasty: joint trauma (accident, shock) or degenerative diseases (body ageing).
Date of acquisition
One of the world’s leading companies in shoulder arthroplasty.
Our investment thesis is built on several attractive attributes:
- Large niche extremities market (worth $1.1bn at entry) with strong organic growth potential
- FX Solutions is one of the top five players in the global shoulder implant market
- Quality products, strong reputation will help to gain Key Opinion Leaders
- Strong organic growth driven by the US market penetration, further market share gain in France, release of new products, and market natural growth
- Co-investment with an established financial sponsor with long-lasting experience in the healthcare sector
- Launch of FX Solutions USA in 2018 and successful penetration of the US market with growing coverage and adoption
- Confirmation of leading position in Europe
- Enhancement of the quality and regulatory affairs departments of the company
- Completion of the product range with FDA approval on short stem implants
- Permanent investment in R&D with IDE ongoing on the easytech reversed implant