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03.08.11 Kinsella Group Adds to Advisory Board and Increases Presence in Medical Devices and Life Sciences Industry PDF Print E-mail

[Chicago, Illinois – March 8, 2011] Kinsella Group, a boutique investment bank and business advisory group, is pleased to announce that Robert V. Ward has joined the firm’s Advisory Board. With more than 40 years of experience in the orthopaedic industry, including more than three decades in senior leadership positions, Mr. Ward brings his expertise to bear on behalf of Kinsella Group clients interested in the acquisition and sale of — and capital sourcing for —businesses in the medical devices and life sciences sectors.

In conjunction with Mr. Ward’s work on the Kinsella Group Advisory Board, key members of Kinsella Group’s executive and business development teams have attended a number of recent healthcare and medical-specialty conferences and annual meetings across the country, including the 2011 invitation-only J. P. Morgan Healthcare Conference. Taken together, these activities demonstrate Kinsella Group’s commitment to serving businesses, owners and investors in this increasingly important industry.

Mr. Ward was most recently a co-founder and partner of Structure Medical Inc., an orthopaedic manufacturer located in Naples, Florida. Prior to the formation of Structure Medical, Mr. Ward served as an executive with several medical device companies, including Howmedica, Osteonics (a subsidiary of Stryker Corp.), Stryker-Howmedica Orthopaedics and Stryker Orthopaedics. He launched and led Stryker Orthopaedics’ Health Care Management, an initiative that provided hospitals and physicians with resources to increase revenues and create more effective cost containment through system efficiencies, clinical pathways and direct-to-patient marketing programs. Mr. Ward has also been a partner in a successful venture-capital startup, a Senior Consultant for a regulatory and medical marketing consulting company, and a partner and advisor in the development of specialty hospitals and medical endeavors across the United States and in India.

Said Robert J. Kinsella, President and Founder of Kinsella Group, “Over the course of his impressive career, Bob Ward has been at the helm of numerous initiatives in the medical devices industry, from the creation of research and development programs to the formation of new corporate divisions and standalone companies. As an investor, he has helped launch several successful healthcare businesses. Taken together, his experience and knowledge are second to none, and we are extremely pleased that he has chosen to offer his expertise to Kinsella Group and our clients.”

Over the past several months, several Kinsella Group executives and senior leaders have attended conferences sponsored by medical device and life sciences industry organizations and professional associations. In October 2010, Mr. Kinsella, Laurence M. Barr (Senior Vice President-Business Development) and Mr. Ward attended the North American Spine Society Annual Meeting in Orlando, Florida. Also in October 2010, Charles W. Weikel (Director, M&A) attended the American Society for Surgery of the Hand Annual Meeting in Boston, Massachusetts. In February 2011, Mr. Ward and Mr. Weikel attended the American Academy of Orthopedic Surgeons Annual Meeting in San Diego, California.

In addition to meeting directly with healthcare providers, owners of physician practices, medical device manufacturers and other industry professionals at association meetings, Mr. Kinsella and Mr. Weikel were invited to participate in J. P. Morgan’s 28th Annual Healthcare Conference, held January 11th through January 14th, 2011, in San Francisco, California. This prestigious event featured presentations from approximately 300 companies, both public and private, over four days of simultaneous sessions. Additionally, keynote luncheon presentations were made by Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., and other influential healthcare and investment industry figures.

Kinsella Group’s ongoing participation in these national meetings, conferences and similar initiatives, as well as the inclusion of Mr. Ward on Kinsella Group’s Advisory Board, is a result of its commitment to expand its services and value to current and prospective business clients across the United States in the medical devices and life sciences industry. Acting as middle-market investment bankers, Kinsella Group helps clients and other key parties recognize and execute forward-thinking value propositions that build on the unique strengths of successful enterprises.


 
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