Exactech announced that a group of investors, including Strategic Value Partners and Stellex Capital Management, has been named the winning bidder to acquire most of Exactech's assets. The sale, pending court and regulatory approval, is expected to close in May. The investor group, managing over $25 billion in assets, has committed over $100 million in additional financing to support Exactech's operations and future growth.

"We are excited to announce the first successful surgeries using our Vantage Ankle 3D and 3D+ tibial implants with our first-to-market GPS Ankle technology," Devan Carter, Exactech Director of Foot & Ankle Marketing. "This integration represents a major step forward, providing surgeons with the real-time guidance and comprehensive implant technology necessary to enhance fixation and improve surgical precision for better patient outcomes."The Vantage® Ankle 3D and 3D+ tibial implants, combined with the GPS Ankle navigation system, offer several key advantages:3D-printed porous surface, spiked pegs and a sharp central cage, are designed to mimic natural bone structure and enhance initial fixationActivit-E ® advanced polyethylene, designed for superior strength and oxidative resistanceadvanced polyethylene, designed for superior strength and oxidative resistance Tibial stem sizes range from 10mm to 30mm, including a low-profile option to provide surgical flexibility and increased optionsReal-time navigation guidance with pre-clinical testing demonstrating accuracy within 2mm and 2 degrees relative to CT-based surgical planning1-3Edward Haupt, M.D., who performed the first surgeries at the Mayo Clinic in Jacksonville, Fla., commented, "The combination of the Vantage Ankle 3D and 3D+ implants with GPS Ankle provides surgeons with enhanced precision and flexibility. The system's real-time guidance allows surgeons to place a stemmed implant, like the Vantage Ankle 3D+, without a large frame and reduces the reliance on fluoroscopy, helping to optimize the surgical workflow. GPS helps ensure accurate implant positioning and the 3D-printed tibial stems optimize fixation, offering a robust platform to address a variety of ankle replacement cases with confidence."Powered by Active Intelligence®, the GPS Ankle system is the world's only navigation technology specifically designed for total ankle replacement surgery. Its integration with the Vantage Ankle portfolio of implants creates a comprehensive and innovative solution for ankle replacement surgery.Vantage Ankle 3D and 3D+ implants are available for use with the GPS Ankle system. For more information, visit www.exac.com/foot-and-ankle/.References:Data on file

GAINESVILLE, Fla., Dec. 2, 2024 /PRNewswire/ -- Exactech, a global medical technology leader, announced first surgeries with its groundbreaking ExactechGPS® Ankle technology.The first surgery was performed by one of GPS Ankle's design team surgeons Edward Haupt, M.D., of Mayo Florida, in Jacksonville, Fla