DW Healthcare Partners, a healthcare-focused private equity firm, has closed its sale of WillowWood Global LLC to Blue Sea Capital. WillowWood, a portfolio company of DW Healthcare Partners located in Mt. Sterling, Ohio, is a designer and manufacturer of a broad range of prosthetic products. Since 1907, WillowWood has been enabling individuals with limb difference to live their lives to the fullest. DWHP invested in WillowWood in June of 2019 and realized substantial growth in the business through operational improvements and new product development.
"Getting the opportunity to partner with a company that is over a century old and has a tremendous impact on the amputee community has been an extremely rewarding experience," said Aly Champsi, Managing Director at DWHP. "Building on their long-time success, while positioning the business for future growth, gave us the opportunity to increase market share and impact more lives in a meaningful way."
"The partnership with DWHP gave us the foundation to bring us into this next chapter," said Mahesh Mansukhani, Chief Executive Officer of WillowWood. "Their support throughout the investment, including during the pandemic, was instrumental to our success, and we are thankful for their collaboration and guidance."
