Orthofab

Investment date : August 2005

Business description

  • Design, develop, manufacture and sell high-end wheel chairs and other seating products with a 40% share of the Quebec market
  • The company operates from its headquarters in Quebec City and also operates a network of service centers across the Province of Quebec

Investment rationale

  • Positive industry characteristics, including increased market penetration potential resulting from private insurance companies assuming the cost of the wheel chair purchase
  • Established 6-person research & development team
  • Direct to consumer model, with a strong after-market service component
  • Leader in the high-end wheel chair segment, with a 40% market share in Quebec

Value creation opportunities

  • Currently in negotiation to acquire new distribution channel in Quebec and Ontario
  • Implementing new reporting procedures and assisting the CFO in banking duties
  • Recruited EVP from major global healthcare manufacturer to support existing management team

Investment partners

  • Founder
  • Private investors
  • Roynat

Website : http://www.orthofab.com/english/

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TÉMOIGAGES

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Testimonial 03 - Ceo

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Testimonial 02 - Ceo

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Testimonial 01 - Ceo