, a long time investor in health care services companies, signaled its intent to invest more deeply in the device sector with the acquisition of a majority position in spinal company K2M Group Holdings Inc.[See Deal] The privately held company – previously backed by surgeons, individual investors and venture firm Ferrer Freeman & Co. – now has the capital necessary to expand its offering of spinal implants, moving beyond its current base in complex spinal procedures.
Though some venture and public investors have cooled recently on spine companies – particularly compared with the excesses of the mid 2000s, which saw hundreds of spine start-ups raise venture...
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