Breg, Carlsbad, California, a provider of sports medicine and orthopedic products and services, and United Orthopedic Group (UOG), Plano, Texas, have merged. UOG will operate as a wholly owned subsidiary of Breg. Brad Lee, president of Breg, has been appointed president of the newly combined company, which will be headquartered in Carlsbad.
Their combined product portfolio will feature four brands of orthopedic braces, cold therapy devices, and deep vein thrombosis prophylaxis products: Breg, Bledsoe Brace Systems, Hope Orthopedics, and Cothera. The company will also provide orthopedic billing services through Viscent, a UOG company based in Plano. Breg and UOG plan to leverage their research and development capabilities to develop new devices in collaboration with orthopedic providers, according to a joint press release.
“I am very pleased to have completed this merger with Breg,” said Gary Henley, CEO of UOG. “The combination of our design expertise and operational capabilities puts the company in a much stronger position to support customers with achieving their goals for improving patient outcomes and enhancing the overall patient experience.”
Henley will serve as an advisor to the combined company and be part of the executive steering committee that will lead the integration of Breg and UOG.
Breg and UOG will employ approximately 1,000 people and operate in 47 countries. Financial terms of the merger were not disclosed.
