Author Archives: mutualcapitalpartners

56,000th Joint Arthroplasty Case Achieved!

OrthAlign continues a torrid pace of worldwide growth and has now been used in over 56,000 cases. Great technology assisting surgeons to provide better patient outcomes is at the core of the company’s mission and why we are so excited to be a part of the OrthAlign team. For more information, please visit http://www.orthalign.com/orthalign-inc-continues-impressive-worldwide-growth-in-2016-including-milestone-achievement-56000th-joint-arthroplasty-case/

RevLocal Remains the Leader in Local Search

Last week, RevLocal became the first ever recipient of the LSA Digital Marketer Certification, a recognition awarded by Local Search Association (LSA), a not-for-profit association specializing in local marketing. The program was launched today, and RevLocal was the first of only three companies to be awarded the certification.
To receive this certification, businesses must pass LSA’s stringent review process, which includes a review of business practices and employee training. LSA evaluates sales practices, service standards and employee training as well as client security and privacy before awarding the certification.
The certification is designed to help businesses find and compare trusted digital marketing providers. It will also teach businesses what to expect from their digital marketing efforts.
According to LSA, “Small businesses are finding it increasingly difficult to identify quality and reliable digital marketing partners to help promote their products and services. Forty-four percent of small business owners say they are challenged to find partners who deliver a return on investment, while 38 percent say they face hurdles selecting partners they can trust.”
LSA must find that businesses are committed to honesty, transparency and providing value to clients in order to award this certification.
RevLocal Company President, Aaron Boggs, says that RevLocal received this certification because of the company’s relationship-based approach to marketing.
“LSA has recognized that businesses are tired of being taken advantage of, and there has never been a greater need for a trusted digital marketing partner. The effort RevLocal puts into educating our consultants, who live in the communities they serve, is one of the things that sets us apart,” Boggs said.  “We are part of an industry that fails serve the customer or provide a relationship, but RevLocal is on a mission to fix this problem. We provide our clients with a team of experts who are with them every step of the way.”
For more information about RevLocal, please visit RevLocal.

OrthAlign Received FDA Clearance for Direct Anterior Approach HipAlign®

OrthAlign has the world’s first and only handheld alignment technology providing cup placement, leg length, and offset accuracy data for Direct Anterior Approach (DAA) in Total Hip Arthroplasty (THA) surgeries. Great work team and continued success in 2017!

For the full press release, please visit http://www.orthalign.com/orthalign-inc-announces-fda-clearance-for-direct-anterior-approach-hipalign/.

Get your tickets for LaunchHouse’s Bootstrap Bash!

Join us for a strolling dinner and dancing in celebration of entrepreneurship. The evening showcases some of the region’s promising startups and supports LaunchHouse’s mission of establishing Northeast Ohio as an entrepreneurial leader. Proceeds from the Bootstrap Bash will assist LaunchHouse in continuing to provide much of its educational programs and services to the entrepreneurial community for free.

Congratulations to Cardinal Commerce on a great exit!

Mutual Capital Partners Fund I portfolio company Cardinal Commerce was acquired by Visa. Details were not disclosed but the sale will result in a 5.5x return on our investment. The team worked hard over many years and proved that patience and perseverance pay off. For more information, please click the following link. https://www.cardinalcommerce.com/News-and-Events/Press-Releases/2016/December/Visa-to-Acquire-CardinalCommerce-to-Secure-and-Accelerate-Digital-Commerce

OrthAlign Announced Eric B. Timko Joined Its Board of Directors

Eric B. Timko, former President and Chief Executive Officer of Blue Belt Technologies, joined OrthAlign’s Board of Directors.  Mr. Timko is an accomplished medical device executive with over 25 years of experience in the healthcare industry. He joins OrthAlign’s Board of Directors after serving in several executive capacities. Most recently, he served as President and Chief Executive Officer of Blue Belt Technologies.

“My 25 year healthcare career has been focused on bringing-to-market innovative technologies that lead to better patient outcomes and equipping surgeons with the best tools in delivering the best care possible,” said Mr. Timko. “I am very impressed that OrthAlign technology has already been used in over 50,000 cases worldwide, and even more impressed with its breadth of compelling clinical data, which is rare in this space. The precision and accuracy, coupled with its affordable cost and practical use, enables all surgeons to experience those same excellent outcomes. I am very excited to join the OrthAlign team and will help in continuing to drive its strong growth and business footprint.”

Prior to joining Blue Belt Technologies, Mr. Timko served as President of and Chief Executive Officer of NeuroVasx, Inc., President of Carl Zeiss Surgical, Inc., and as Vice President of Siemens Medical Systems, Inc.

“As OrthAlign continues to grow and make its mark in the orthopedics space, it’s important that we continue adding only the best and brightest leaders to our team. We are pleased to welcome Eric to our Board,” said William E. Maya, OrthAlign’s Chief Executive Officer. “Eric brings unique and highly valuable experience to OrthAlign, being one of the medical technology industry’s most respected and innovative executives. His wealth of scientific, medical, technological, and executive leadership will enrich the Board and help the executive team to achieve its impressive growth plans. We are confident that he will bring valuable insights to help OrthAlign reach new levels of development and success.”