Coapt, Chicago, has acquired Boston-based Liberating Technologies Inc. (LTI) from College Park Industries, Warren Michigan. The addition of LTI, the research branch of College Park, will allow Coapt to increase its research and development capabilities and accelerate its technology development in O&P.
“Coapt has helped people with limb loss and limb difference live in a modern and independent way through advanced prosthetic technology,” said Blair Lock, Coapt CEO. “The acquisition of LTI amplifies Coapt’s vision.”
Todd Farrell, director of research at LTI, echoed Coapt’s commitment. “Joining Coapt is a perfect match that enables us to propel our research forward,” he said.
LTI’s research funding portfolio includes support from the Department of Defense, National Institutes of Health, National Institute of Disability, Independent Living and Rehabilitation Research, and the Veteran’s Administration.