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March 2, 2026
Altus Capital Partners Announces Sale of Choice Spine Holdings Inc to Zavation Medical Products, LLC

Altus worked closely with the Choice Spine leadership to expand its national geographic surgeon coverage, expand product portfolio, and grow its revenues and earnings since Altus’ acquisition in 2018.

Wilton, CT, March 2, 2026 -- Altus Capital Partners, an investment firm focused on middle market manufacturing companies, announced today its sale of Choice Spine Holdings Inc (“Choice” or the “Company”) to Zavation Medical Products, LLC. Financial terms of the transaction were not disclosed.

Choice, a designer and distributor of spine-related implants and biologics, is headquartered in Knoxville, Tennessee. The company has a broad product portfolio covering approximately 90% of spine-related procedures.

Choice has continued to grow since Altus Capital Partners’ 2018 investment. The Company has expanded its geographic footprint by adding regional sales team members, which led to an increase in its surgeon base and expanded product offerings.

Greg Greenberg, Senior Partner of Altus Capital Partners, commented, "Choice’s established national presence, its financial performance, and broad product offering, made it very attractive to this strategic buyer. We want to thank the management team of Choice under the leadership of Co-Presidents Andy Broyles and Steve Ainsworth for building the business."

Heidi Goldstein, Partner at Altus Capital Partners, co-lead on the deal, commented, "The dedication of the management team, along with driving growth initiatives while remaining focused on the core values of the business, was key to the success of the transaction.  It was a tremendous experience working with the talented management team of Choice, and we look forward to seeing the company continue to thrive.”

Lincoln International served as the exclusive financial advisor to Altus and Choice.

About Altus Capital Partners

Altus Capital Partners is a private equity firm that makes control investments in middle-market manufacturing businesses that employ technology and automation. We believe our exclusive focus on manufacturing gives us a unique understanding of the opportunities and challenges companies in the sector face. We utilize a patient, thoughtful approach and partner with the management teams of our operating companies to achieve growth. Please visit altuscapitalpartners.com for more information.

About ChoiceSpine

ChoiceSpine Holdings, Inc. is a privately held spinal implant company located in Knoxville, Tennessee. Founded in 2006, ChoiceSpine designs and commercializes a broad portfolio of innovative, surgeon-focused spinal implant systems intended to support optimal clinical outcomes. Guided by its philosophy of "Spine the Right Way," the company emphasizes collaborative product development, strong distributor partnerships, and responsive customer support. ChoiceSpine remains committed to delivering dynamic solutions to the spinal implant market while maintaining operational discipline and financial flexibility. For more information, visit www.choicespine.com.

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