Ivy Capital Partners

Ivy Capital Partners, LLC (“ICP”), is a specialized private equity investment firm dedicated to investing in promising companies operating in the musculoskeletal sector of the healthcare industry. Our focus on musculoskeletal companies stems from our belief that a number of compelling macroeconomic, demographic and scientific trends bode well for the future of this large and rapidly growing sector. The aging of the worldwide population will be a leading driver of growth in the healthcare industry and the impact of this demographic shift will be most pronounced in the musculoskeletal sector. In addition, the advent of new technologies, new materials developments and improvements in the delivery of healthcare services will create attractive investment opportunities. We are seeking to invest in healthcare companies with seasoned entrepreneurial management teams, proprietary products, innovative technologies or compelling service opportunities that have the potential for significant investment return. Within the musculoskeletal sector we are interested in investments ranging from sports medicine, joint implants, rehabilitation products and services, trauma, spine and therapeutics.

Dennis O'Dowd

Principal

6 past transactions

Pivot Medical

Series B in 2007
Pivot Medical is a privately held medical device company focused on developing and marketing novel technologies for a rapidly growing segment of the orthopedic marketplace. The advancements currently on the market and in development by our company hold great promise for those active persons seeking minimally invasive treatments.

MAKO Surgical

Series C in 2007
MAKO Surgical is a medical device company, markets its advanced robotic arm solution, joint specific applications for the knee and hip, and orthopedic implants for orthopedic procedures in the United States and internationally. The company offers MAKOplasty, a restorative surgical solution that enables orthopedic surgeons to treat patient specific osteoarthritic disease. It also provides robotic arm interactive orthopedic system (RIO) consisting of a tactile robotic arm utilizing an integrated bone cutting instrument; and a patient specific visualization component, which offers pre-operative and intra-operative guidance to the orthopedic surgeon, enabling tissue sparing bone removal, and accurate implant insertion and alignment. In 2011, The company was named the No.1 on the Technology Fast 500 as the fastest growing technology company by Deloitte and received the CSSEC Award for loyal, customer-focused staff members presented by the Technology Services Industry Association and ACE Award (Achievement in Customer Excellence) from MarketTools and Fast Tech Award as one of the 25 fastest growing technology companies in South Florida by South Florida Business Journal. MAKO Surgical was founded in 2004 and is headquartered in Florida, USA.

MAKO Surgical

Series B in 2005
MAKO Surgical is a medical device company, markets its advanced robotic arm solution, joint specific applications for the knee and hip, and orthopedic implants for orthopedic procedures in the United States and internationally. The company offers MAKOplasty, a restorative surgical solution that enables orthopedic surgeons to treat patient specific osteoarthritic disease. It also provides robotic arm interactive orthopedic system (RIO) consisting of a tactile robotic arm utilizing an integrated bone cutting instrument; and a patient specific visualization component, which offers pre-operative and intra-operative guidance to the orthopedic surgeon, enabling tissue sparing bone removal, and accurate implant insertion and alignment. In 2011, The company was named the No.1 on the Technology Fast 500 as the fastest growing technology company by Deloitte and received the CSSEC Award for loyal, customer-focused staff members presented by the Technology Services Industry Association and ACE Award (Achievement in Customer Excellence) from MarketTools and Fast Tech Award as one of the 25 fastest growing technology companies in South Florida by South Florida Business Journal. MAKO Surgical was founded in 2004 and is headquartered in Florida, USA.

Scandius BioMedical

Series C in 2005
Scandius BioMedical develops tissue/bone fixation products for the orthopaedic sports medicine market. Their product offering includes STRATIS ST, a femoral fixation system that enables surgeons to perform soft tissue anterior cruciate ligament reconstruction arthroscopically; TriTis, a soft tissue tibial fixation device.

Scandius BioMedical

Series B in 2004
Scandius BioMedical develops tissue/bone fixation products for the orthopaedic sports medicine market. Their product offering includes STRATIS ST, a femoral fixation system that enables surgeons to perform soft tissue anterior cruciate ligament reconstruction arthroscopically; TriTis, a soft tissue tibial fixation device.
ONI Medical Systems, Inc. (formerly ONI, Inc.) develops and markets magnetic resonance imaging systems. Its products include MSK-Extreme, a musculoskeletal extremity scanner that provides the imaging of the hand, wrist, elbow, foot, ankle, and knee. The company serves hospitals, imaging centers, and orthopedic practices in the United States and Canada. It sells its products through distributors in Austria, Belgium, Brazil, the Caribbean, Denmark, Finland, Germany, Luxembourg, the Netherlands, Norway, Portugal, Spain, the United Kingdom, and Venezuela.
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