March 14, 2017 | Editor
HealthpointCapital, a private equity firm focused exclusively on the Musculoskeletal sector, announced that Mike Mogul, former CEO of DJO Global and Group President at Stryker Corporation will join the firm’s leadership team.
Mike Mogul was most recently President, Chief Executive Officer and Director of Blackstone-owned DJO Global. Under his leadership, DJO, a $1 billion firm in the Orthopedic sector, was market leader in both share and growth in non-operative orthopedic medical devices including Bracing and Physical Therapy equipment, and was also the fastest growing manufacturer of Total Joint implants and Consumer Sports Medicine products. Prior to joining DJO, Mike served as Group President, Orthopaedics for Stryker Corporation where he ran Stryker’s global orthopedic businesses. Additionally, during his 22 years at Stryker, Mike served as Managing Director of all of Stryker’s divisional segments in Germany, Austria and Switzerland.
Mike will join the experienced team at HealthpointCapital, led by John Foster, Chairman. Foster is a leader in healthcare private equity investing with over 37 years of experience, including nine previous PE funds. It was Foster’s vision to focus HealthpointCapital’s investment strategy on this transforming, high growth, high margin sector of healthcare: Orthopedics including the related fields of Dental, Maxillofacial, Rehabilitation, and the rapidly changing information systems supporting both providers and patients, combined in the concept of Musculoskeletal. This will be the fourth musculoskeletal focused fund following HealthpointCapital’s outstanding track record from the three funds raised over the past 15 years.
“Mike will bring CEO-level medical device leadership experience to our portfolio companies and has extensive global relationships in the musculoskeletal sector where he has spent the last 28 years,” said John Foster, Chairman of HealthpointCapital. “We are looking forward to pairing his talents with our very experienced investment team that is actively investing and mentoring companies in this sector.”
The HealthpointCapital team also includes:
HealthpointCapital is the private equity firm focused exclusively on musculoskeletal and currently has $800 million under investment. It is raising a new fund that will continue to target innovative and exciting emerging businesses and established companies that can benefit from its sector focus, mentorship and investment. It will also seek out established but under-nourished segments and products that are currently owned by major MedTech firms and have the potential to flourish with the addition of HealthpointCapital’s musculoskeletal leadership experience and investment. HealthpointCapital’s team will be attending this week’s American Academy of Orthopedic Surgeons meeting in San Diego. Please contact us for more information at www.healthpointcapital.com.
For investor or media inquiries please contact:
Blake Mossy, HealthpointCapital, 212-935-7780 or firstname.lastname@example.org