The Stephens Group Exits CoreLink
The Stephens Group, LLC (“The Stephens Group”) is pleased to announce the exit of CoreLink, LLC (“CoreLink” or the “Company”) through a sale of the business to Zavation Medical Products (“Zavation”), a portfolio company of Gemspring Capital Management, LLC (“Gemspring”).
- The Stephens Group, LLC (“The Stephens Group”) is pleased to announce the exit of CoreLink, LLC (“CoreLink” or the “Company”) through a sale of the business to Zavation Medical Products (“Zavation”), a portfolio company of Gemspring Capital Management, LLC (“Gemspring”).
- Zavation and CoreLink will continue to operate under their respective brands and the combined business will be led by Zavation CEO Jeffrey Johnson, while Jay Bartling, CEO of CoreLink, will become Chairman of the Board of Directors.
- The Stephens Group will retain a minority stake in the combined entity.
- “We congratulate Jay and the entire CoreLink team on this well-earned milestone,” said Grant Jones, Managing Director at The Stephens Group.