Bank of Montreal provides debt financing for Frazier Healthcare’s acquisition of Orthotic Holdings

On April 9, 2013, Frazier Healthcare completed the acquisition of Orthotic Holdings Inc. (OHI) from majority owner, Incline Equity Partners. OHI is a holding company of Langer Biomechanics, Arizona AFO and The Orthotic Group. Through these three brands, OHI is the leading North American manufacturer, marketer and distributor of predominantly custom and branded medical products that treat foot, ankle and leg related conditions and diseases. The acquisition was partially financed with senior secured debt provided by Bank of Montreal. The financial terms of the transaction were not disclosed. Bank of Montreal was represented by Fasken Martineau lawyers David Ferris and Dev Singh (banking).