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Exactech, Inc.: recalls, TPG ownership and bankruptcy

Exactech's subsidiaries and group structure

Exactech's SEC exhibits list subsidiaries in Florida, China, Taiwan, the UK, Japan, Switzerland, France, Germany and Spain, and its 2024 bankruptcy chart adds Italy, South Korea, Austria, Portugal, Australia, the French computer-assisted surgery developer Blue Ortho and an interest in the UK company JointMedica. Its US sales arm, Exactech U.S., Inc., was merged into the parent, and after the 2025 sale most foreign subsidiaries took Advita Ortho names. An offshore-companies database also lists a Barbados company named Exactech International, Inc. from 1999 to 2003, without a recorded owner.

published
16 oct 2026
records as of
16 oct 2026
entities
167
sources
121
cite entities.csv

the questionWhich companies made up the Exactech group?

1Subsidiary lists

analysisAn earlier subsidiary list filed with the SEC named Exactech International Corporation (Florida), Exactech Asia, trading as Exactech Medical (Shanghai), Exactech Taiwan, Exactech (UK), Exactech KK in Tokyo and Altiva Corporation; the 2013 list dropped Altiva and added Exactech U.S., Inc., Exactech International Operations, Exactech France, Exactech Deutschland and Exactech Iberica. The Florida company in the list corresponds in the state register to Exactech International, LLC, managed by Exactech, Inc. and dissolved in 2016. Exactech U.S., Inc., which handled US sales and distribution, was merged into Exactech, Inc. by articles filed in February 2023 with effect from October 2020. 1 2 3 4 5 6 7

qualification
The match between the exhibit's name and the Florida LLC rests on the state, the Exactech address and Exactech, Inc.'s role as manager; the register does not use the exhibit's name.

sources in this section

  1. Exhibit 21.1 to an earlier Exactech annual report: subsidiaries of the registrant U.S. Securities and Exchange Commission (EDGAR) · 1 Mar 2008
  2. Exhibit 21.1 to the Exactech annual report: subsidiaries of the registrant U.S. Securities and Exchange Commission (EDGAR) · 1 Mar 2013
  3. Florida record: Exactech International, LLC (L10000132635) Florida Department of State, Division of Corporations · 27 Apr 2017
  4. Definitive merger proxy statement (DEFM14A) of Exactech, Inc. for the merger with Osteon Merger Sub, Inc. U.S. Securities and Exchange Commission (EDGAR) · 16 Jan 2018
  5. Florida corporation record: Exactech U.S., Inc. (P12000087578) Florida Department of State, Division of Corporations · 8 Feb 2023
  6. Exactech, Inc.: filing order for articles of merger of Exactech U.S., Inc. into Exactech, Inc. Florida Department of State, Division of Corporations · 2 Feb 2023
  7. West Virginia business record: Exactech U.S., Inc. West Virginia Secretary of State · 2 Jan 2026

2Transactions and the 2024 group chart

analysisIn January 2015 Exactech bought Blue Ortho SAS of Grenoble, the developer of ExactechGPS founded by Anthony Boyer, James Stiehl and Stéphane Lavallée, for up to €10 million. The 2018 merger proxy records the purchase of the Australian distributor in February 2016, a 24.55% stake in Orthopedic Designs North America, and the 2017 sales of the spine business, of a majority of the Taiwanese subsidiary — to BioGend Therapeutics — and of the Chinese subsidiary. The chart attached to the 2024 bankruptcy declaration shows group companies in Italy, Switzerland, France, South Korea, Germany, the UK, Spain, Japan, Australia, Austria and Portugal and JointMedica Limited; the US debtors sold products to the foreign subsidiaries for resale and bought goods and services from the Swiss company and Blue Ortho. 1 2 3 4 5 6 7 8

qualification
The chart's text was read by optical character recognition and the percentages and intermediate holders are only partly legible.

sources in this section

  1. Exhibit 99.1 to Form 8-K: Exactech acquires BlueOrtho U.S. Securities and Exchange Commission (EDGAR) · 20 Jan 2015
  2. Corporate registry source · s-d55 identified by category only · Corporate registry
  3. French business directory record: Blue Ortho SAS (SIREN 509027702) French government business directory (recherche-entreprises.api.gouv.fr) · 24 Sep 2026
  4. Corporate registry source · s-d139 identified by category only · Corporate registry
  5. Court record source · s-d7 identified by category only · Court record
  6. Definitive merger proxy statement (DEFM14A) of Exactech, Inc. for the merger with Osteon Merger Sub, Inc. U.S. Securities and Exchange Commission (EDGAR) · 16 Jan 2018
  7. Other source · s-d196 identified by category only · Other
  8. Media source · s-d291 identified by category only · Media

3European subsidiaries after the sale

analysisMost European subsidiaries took Advita names after the sale. Exactech Italia S.p.A. has been Advita Ortho Italy since November 2025, though the global LEI register still names Exactech, Inc. as its parent; the Swiss operating company became Advita International Ops AG in July 2026; Exactech Deutschland became Advita Ortho Germany in June 2026, with Nicolas Hohl as managing director since October 2025; the French company is now Advita Ortho France, presided over by Laurent Mouillac; and the Spanish company appears as Advita Ortho Iberica. The Austrian Exactech EÖG GmbH, managed by David Backhuß, had not changed its name in September 2026. 1 2 3 4 5 6 7 8 9 10 11 12 13

qualification
The parent record appears not to have been updated after the sale of the business. Board details come from aggregators' copies of the Swiss register; the registers do not show the shareholder. These details come from aggregators' copies of the German register and filed accounts; the 'Exatech International' shareholder is not identified as a specific group company.

sources in this section

  1. Global LEI register search: Exactech Global Legal Entity Identifier Foundation (GLEIF) · 16 Oct 2026
  2. Global LEI register: direct parent of ADVITA ORTHO ITALY S.P.A. Global Legal Entity Identifier Foundation (GLEIF) · 15 Oct 2026
  3. Corporate registry source · s-d54 identified by category only · Corporate registry
  4. Corporate registry source · s-d233 identified by category only · Corporate registry
  5. Corporate registry source · s-d131 identified by category only · Corporate registry
  6. Corporate registry source · s-d295 identified by category only · Corporate registry
  7. Corporate registry source · s-d188 identified by category only · Corporate registry
  8. Corporate registry source · s-d189 identified by category only · Corporate registry
  9. Corporate registry source · s-d279 identified by category only · Corporate registry
  10. French business directory record: Advita Ortho France SAS (SIREN 433701166) French government business directory (recherche-entreprises.api.gouv.fr) · 23 Sep 2026
  11. Corporate registry source · s-d183 identified by category only · Corporate registry
  12. Corporate registry source · s-d195 identified by category only · Corporate registry
  13. Corporate registry source · s-d236 identified by category only · Corporate registry

4UK companies

analysisIn the UK register Exactech Inc. controlled the English subsidiary (company 05316864, now Advita Ortho UK Limited) until December 2018 and Osteon Holdings Inc. from then until 31 October 2025, after which the company has stated that it has no registrable controller. Its directors included David Petty and Joel Phillips until 2020 and Darin Johnson until October 2025. A second company, Exactech (UK) 2 Limited, formed in 2025 with directors overlapping those of the first, has been dissolved. 1 2 3 4 5 6 7 8

sources in this section

  1. Persons with significant control: company 05316864 Companies House (United Kingdom) · 16 Oct 2026
  2. Officers: company 05316864 Companies House (United Kingdom) · 16 Oct 2026
  3. Corporate registry source · s-d334 identified by category only · Corporate registry
  4. Corporate registry source · s-d331 identified by category only · Corporate registry
  5. Corporate registry source · s-d332 identified by category only · Corporate registry
  6. Corporate registry source · s-d333 identified by category only · Corporate registry
  7. Officers: company 16540209 Companies House (United Kingdom) · 16 Oct 2026
  8. Corporate registry source · s-d268 identified by category only · Corporate registry

5Australia

analysisThe Australian subsidiary traded as Exactech Australia Pty Ltd from September 2010 until February 2026 and has since been named Advita Ortho Aus Pty Ltd. 1 2

sources in this section

  1. ABN history: 60 146 150 754 Australian Business Register · 16 Oct 2026
  2. Global LEI register search: Exactech Global Legal Entity Identifier Foundation (GLEIF) · 16 Oct 2026

6A Barbados company with the Exactech name

analysisAn offshore-companies database built from Barbados registry data lists a company named Exactech International, Inc., incorporated in Barbados in January 1999 through CITCO Corporate Management and closed in October 2003, whose recorded directors bore the names of David W. Petty, Roy William Petty, Timothy J. Seese and Gary J. Miller; no shareholder or purpose is recorded. 1 2

qualification
The record shows only registration dates, the intermediary and directors; it states no owner or purpose, and its link to Exactech rests on the name and on four directors who were Exactech officers. Exactech's subsidiary lists in the record do not include it, and the dataset does not indicate any wrongdoing.

sources in this section

  1. Research source · s-d228 identified by category only · Research
  2. Research source · s-d289 identified by category only · Research

timeline · 1999–2016

  1. A Barbados company named Exactech International, Inc. is incorporated
  2. Exactech buys Blue Ortho, developer of the ExactechGPS system
  3. Exactech buys its independent Australian distributor

cite this dossier

DossierTwist, “Exactech, Inc.: recalls, TPG ownership and bankruptcy”, dt.017, 16 October 2026, https://dossiertwist.com/dossiers/exactech/

Free to read, cite and republish with credit under CC BY 4.0: credit “DossierTwist” and link to the dossier.

Data: JSON, CSV and the network graph.

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