Malaysia: Quadria acquires majority stake in Straits Orthopaedics

Quadria Capital, an Asia healthcare-focused private equity firm, has acquired a majority stake in Straits Orthopaedics, a Penang-based global contract manufacturer of orthopaedic-focused medical device solutions, from TH Su, founder of Straits Orthopaedics, and Apex Healthcare. Founded in 2003, Straits Orthopaedics manufactures a full range of orthopaedic-focused implants, surgical tools, and instruments for blue chip…