The Altor funds are private equity funds comprising the “Altor 2003 Fund”, with committed capital of EUR 650 million, the Altor Fund II”, with committed capital of EUR 1,150 million and also the “Altor Fund III”, with committed capital of EUR 2,000 million. The Altor funds are advised by Altor Equity Partners. The Altor funds invest in companies with a focus on value creation through growth initiatives, strategic development and operational improvements and have since their inception in 2003 invested in over 30 platform investments and more than 30 add-on acquisitions.

A trusted contract manufacturer for more than 50 years, Anzon advanced Orchid’s capacity to produce difficult-to-machine components with applied precision and control. The Anzon acquisition added more than 80 CNC machines to the Orchid technology portfolio, along with the necessary and substantial secondary operations to support them.

Originally part of Micro Precision Swiss, LLC, Keller Engineering was known for its titanium implants, including intramedulary nails, bone screws and bone plates for trauma and spinal applications. The company brought large production machining capacity to Orchid, as well as state-of-the-art CNC programming.

Micro Precision Swiss offered Orchid a comprehensive, state-of-the-art manufacturing resource, specializing in small, ultra-precise parts produced on CNC controlled Swiss lathes, three- and five-axis mills, wire and sinker EDM machines, as well as seven-axis tool and cutter grinders. In addition, the company provided a full range of part finishing processes that included ultrasonic cleaning, passivation, precision bending, laser welding/marking, and product assembly. Micro Precision Swiss is now known as Orchid MPS.

Churchill Equity Partners of Minneapolis, MN acquires majority ownership of Stealth Medical Technologies and Unique Instruments and forms a new company, Orchid Orthopedic Solutions to serve the needs of the Orthopedic market with contract design and manufacturing solutions.

Stealth continued to expand its commitment to the orthopedic market through the acquisition of Astro Met, Inc

Merged with the coating division of Stealth Medical Technologies, this acquisition added new depth to the company’s position as a leader in orthopedic porous coating.

Stealth Technologies was founded as a supplier of high-performance engine components. In 1994, the company changed its name to Stealth Engineering & Technologies and built its reputation by supplying complex net-shape forgings to the orthopedic implant industry. Stealth was one of the two original companies comprising the Orchid family.