DLA Piper advised ImmersiveTouch, a leading digital surgery company, in its strategic investment by HealthpointCapital, a private equity firm focused exclusively on musculoskeletal healthcare to acquire a majority of the equity interests of the company.
ImmersiveTouch offers an FDA 510(k)-cleared planning software for real time, hands-on surgical planning using patient-specific anatomy. Their flagship product, ImmersiveView™, is a patented, proprietary virtual reality and augmented reality software solution for surgical planning, navigation, and patient-customized surgical guides.
“Healthpoint has deep medtech experience, shareholder alignment, and operational leadership. Together, we’ll scale our FDA-cleared technology, which has already supported more than 300 cases across more than 100 hospitals. Neil Vohra and the DLA Piper team provided excellent counsel and did a remarkable job guiding the company through this transaction,” said Jay Banerjee, Co-Founder of ImmersiveTouch.
DLA Partner Neil Vohra led the deal team, which included Partners Matt Servies (Atlanta), Todd Mobley (Dallas), and Jason Veit (Chicago), Of Counsel Isabel De Obaldia (Reston), and Associates Jessica Lowe (Chicago), Jessica Stenglein, Dahlia Ali, and Austin Vincenzini (all Austin).
With more than 225 global lawyers who provide strategic counsel to private equity funds and their industry-leading portfolio companies, DLA Piper’s Private Equity practice has the capacity, experience and relationships to help drive value across the investment life cycle by delivering responsive, efficient and integrated solutions around the world. The Private Equity practice is also the #2 most active law firm globally by PitchBook.