Daily News: June 28, 2012

RedRidge Finance Participates in Amendia Special Alliance

Amendia, Inc., a manufacturer and distributor of spinal implants and surgical instruments, and a manufacturer and distributor of healthcare products, announced a new strategic business alliance. RedRidge Finance Group acted as advisor and helped in the creation of the transaction.

The relationship aligns Amendia’s growing spinal surgical device business with the manufacturer’s medical and surgical products network. Amendia’s advanced manufacturing facility located near Atlanta compliments its new partner’s facilities, which include more than 50 manufacturing facilities and distribution centers around the world.

“This significant investment and alliance provide a tremendous opportunity for our company, the Georgia community, and the spine industry as a whole. Amendia will benefit from our new investor’s professional management team, expansive distribution channels, manufacturing capacity, and cost efficiencies,” said Jeff Smith, CEO of Amendia. “RedRidge was invaluable in the creation of this transaction and as advisor.”