New England Orthotic and Prosthetic Systems

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New England Orthotic and Prosthetic Systems - overview

Established

1998

Location

Branford, CT, US

Primary Industry

Healthcare

About

New England Orthotic and Prosthetic Systems (NEOPS) provides specialized prosthetic and orthotic solutions aimed at improving the quality of life for individuals with limb loss or musculoskeletal disorders. NEOPS, founded in 1998 and headquartered in Branford, US, specializes in prosthetic and orthotic care. The company operates independently and has been involved in a deal with Summer Street Capital Partners in May 2012, which provided recapitalization. Andrew Meyers currently serves as CEO.


NEOPS specializes in advanced prosthetic and orthotic care, offering a range of products including custom prosthetic devices for mobility, orthotics for support, sports braces for injury prevention, and pediatric services. Utilizing technologies like 3D printing and biomechanical engineering, they cater to a diverse clientele across North America, Europe, and Asia. NEOPS generates revenue through direct-to-consumer sales and partnerships with healthcare providers, billing custom devices directly to patients or via insurance. Their pricing structure varies based on product complexity, focusing on outpatient services and specialized consultations, thereby ensuring accessibility for different consumer segments.


The company plans to expand its product offerings and enhance its market presence. The upcoming releases include new prosthetic innovations, with targeted expansions into additional geographic regions planned for 2023. The recapitalization from Summer Street Capital Partners in May 2012 is expected to support these growth initiatives.


Current Investors

Summer Street Capital Partners

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living, Aesthetic Medicine, Biomaterials

Website

www.neops.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

New England Orthotic and Prosthetic Systems - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedNew England Orthotic and Prosthetic Systems-

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