Cascade Orthopedic Supply Inc. recently announced it has acquired all outstanding shares of OrtoPed Inc. from CETCO Capital and its sole shareholder Jean-Pierre Gibeault.
Jeff Collins, president and chief financial officer of Cascade, will take over as president of OrtoPed and Jean Dejardins, chief operating officer, will continue to be the leader of in-country management.
“This investment is consistent with our vision to become the leading and most comprehensive distributor of prosthetic, orthotic and related supplies and services for certified, independent providers of prosthetic and orthotic care in North America,” Collins stated in a press release. “Our commitment to provide superior value and support on the products that we source and the services that we provide remains central to Cascade. These same values have been demonstrated by OrtoPed over the years, making this opportunity a natural fit.”