Avesi Partners recently announced it made an investment in New Age Medical.

New Age, founded in 2012 and based in St. Louis, Missouri, is a medtech hub designed to support the flow of medical solutions, primarily for spinal surgery, from manufacturers, through reps, to hospitals, ambulatory surgery centers and surgeons.

Avesi, founded in 2021 and based in Stamford, Connecticut, is a private equity firm focused on healthcare services, healthcare technology and business services. The firm generally targets lower middle market companies with around $5 million to $30 million of EBITDA.

Terms of the investment were not disclosed.