PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Seven Point-backed Medin Technologies appoints CEO

Medin Technologies, an orthopaedic industry contract manufacturer, and portfolio company of Seven Point Equity Partners, has appointed Bob Baker as Chief Executive Officer and a member of the firm’s board of directors.

Baker joins Medin with an accomplished background in strategic, commercial and operational leadership in the orthopaedic industry, having most recently served as Chief Executive Officer of Glebar Company, a leading manufacturer of advanced grinding machine systems for the medical device industry and other end markets. In his tenure at Glebar, Baker led a strategic transformation of the business, restructuring the company to address new market challenges, upgrading operations, and completing several strategic add-on acquisitions. 

“I am honoured to be joining Medin at such a pivotal moment for the orthopaedic industry,” says Baker. “Demand for quality orthopaedic products continues to increase as the market begins to address the backlog of elective procedures created by the global pandemic. Medin and AMT are well positioned to meet this global demand through optimised production and product diversification. This is an incredible opportunity and I look forward to working with this great team through the combined companies’ next phase of growth.”

“We are thrilled and excited to have Bob join the team as CEO for Medin and AMT,” says Mark Kammert, Partner of Seven Point Partners, LLC. “Bob has a proven track record in demonstrating outstanding leadership qualities and delivering exceptional value to customers. As Medin and AMT’s growth continues to accelerate in the post-COVID environment, we are confident that Bob is the right leader to expand market opportunity in medical contract manufacturing, while at the same time building on the company’s strong reputation for world class quality, product design, and customer responsiveness.”

“OEM customers in the medical device and orthopaedic implant sector have necessarily high expectations in terms of quality, design and product delivery,” said Seven Point Managing Partner Tom Burchill. “Bob’s strong track record of commercial and operational excellence in the medical products industry is ideal to meet this need while simultaneously driving long-term revenue growth, profitability and outstanding outcomes for our valued customers.” 

Prior to joining Glebar, Baker was Vice President, Operations at Stryker Corporation, in support of the Orthopedics Group. Previously, he was a Captain in the US Army, serving in Iraq and Afghanistan.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured