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Citizens Capital Markets Advises Trigon Holding on Divestiture of StelKast to Globus Medical

September 19, 2019, 08:55 AM
Filed Under: Medical

Citizens Capital Markets, Inc., announced today that it served as the exclusive financial advisor to Trigon Holding, Inc. in the sale of substantially all of the assets of StelKast, Inc. to Globus Medical, Inc.  The transaction was led by Ralph M. Della Ratta, Co-Head of M&A Advisory and Managing Director Matt Mueller.

Founded in 1992 and headquartered in McMurray, PA, StelKast designs, manufactures and distributes a full line of orthopedic implants for knee and hip replacement systems and surgical instrumentation systems.

“We are proud to have advised Trigon on the divestiture of StelKast,” said Mueller.  “With the robust resources Globus will provide, Stelkast is well-positioned for continued growth and innovation and we look forward to watching their future success.”

Citizens Capital Markets, Inc. provides merger and acquisition, capital raising and other financial advisory services to middle market companies across a focused set of industry verticals. Citizens delivers thoughtful advice, keen market insight and superior execution to clients, both nationally and internationally. Citizens’ managing directors average nearly 30 years of experience and have directly executed more than 1,000 transactions throughout their careers.

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