Avalign Technologies Acquires Slice Manufacturing Studios

Avalign Technologies Inc., a Bannockburn, IL-based premier provider of proprietary coatings and full-service precision manufacturer and distributor of implants, implant components, specialty surgical instruments, cutting tools, and delivery systems to the orthopedic, spine, trauma, and sports medicine medical device and specialty surgical markets, has completed the acquisition of the assets of Slice Manufacturing Studios, a contract manufacturer of medical devices based in Akron, Ohio.
 
Slice manufactures metal implants, implant components, and instruments for the hip, spine, and knee end markets, with significant expertise in additive manufacturing, subtractive manufacturing, and sterile packaging.
 
Joe Lah, general manager of Slice, said, “Slice is excited to become a part of Avalign Technologies. The company was founded in 2017 as a captive manufacturer to NextStep Arthropedix, and we have since grown significantly with NextStep, as well as with other medical device OEM customers who understand our expertise in additive manufacturing, as well as the importance of combining downstream subtractive manufacturing and sterile packaging. Joining Avalign enables us to accelerate our growth as part of a leading orthopedic solutions platform.”
 
“We are very excited to add Slice’s additive manufacturing, high tolerance subtractive manufacturing, and sterile packaging capabilities to complement our broad array of existing capabilities and offerings,” added Jeff McCaulley, CEO of Avalign. “As a pioneer in additive manufacturing of metal implants and components, Slice has built a reputation for industry-best standards and processes. The addition of these capabilities and new capacity puts us at the forefront of what will be one of the fastest growing sub-segments in our space.”
 
Ernest Waaser, an operating partner at Linden Capital Partners and chairman of Avalign Technologies, remarked, “The addition of Slice enhances Avalign’s manufacturing services offerings as part of our continued focus on strategically investing in and expanding the capabilities that we offer our customer base.”
 
Honigman LLP served as legal advisor to Avalign.