PIONEER SURGICAL
Pioneer Surgical is a developer and manufacturer of surgical medical devices.
SECTOR: Healthcare / Life Sciences
FUND: Michigan Growth Capital Partners I
TYPE: Growth Capital
STATUS: Realized

PIONEER

DESCRIPTION

Pioneer Surgical was founded in Marquette, Michigan in 1992. Since that time, the Company has developed successful products in the Spine, Biologics, Orthopedics, and Cardiothoracic markets. Pioneer Surgical has several facilities throughout the U.S. and in Houten, The Netherlands.

Pioneer Surgical’s state-of-the-art manufacturing capabilities differentiate it from others in the marketplace. This vertically integrated structure greatly enhances Pioneer’s ability to take an idea from the drawing board to commercialization. Pioneer Surgical demonstrates its commitment to surgical innovation by designing and delivering products that provide intraoperative efficiency for surgeons, cost-effectiveness for the healthcare system and better outcomes for patients.

Beringea’s fund exited its investment in Pioneer Surgical in June 2013. The company was acquired by RTI Biologics Inc. (Nasdaq: RTIX).