DJO Global

DJO is an American medical device company headquartered in Lewisville, Texas, that produces a variety of orthopedic products for rehabilitation, pain management, and physical therapy. It has multiple divisions including Bracing & Supports, Surgical, Footcare, Healthcare Solutions, Recovery, and Consumer.

DJO, LLC
TypePublic
IndustryMedical devices
Founded1978 (1978), Carlsbad, California
FounderMark Nordquist
Headquarters2900 Lake Vista Drive Lewisville, TX 75067
Key people
Brady Shirley, CEO
ProductsOrthopedic Devices
RevenueIncrease $1.19 billion (2017)
Number of employees
5,200
ParentColfax Corporation
Websitehttp://www.djoglobal.com/

DJO has more than five thousand employees in more than a dozen facilities around the world.[1][2][3][4]

History

DJO began in 1978 as DonJoy, a small company founded in a Carlsbad, California garage by the Philadelphia Eagles’ offensive line captain, Mark Nordquist and a local lawyer, Ken Reed.[5] Together, they named their new company after their wives, Donna and Joy.[5]

In 1987, the company was acquired by British medical device conglomerate, Smith & Nephew, for $20 million.[5]

In 1999, the DonJoy management team arranged a leveraged buyout, changed the name from DonJoy to DJ Orthopedics, and took the company public again in 2001.[5] Over the next several years, the company acquired all or part of seven new companies.

In 2007, Blackstone Group bought DJO for $1.6 billion, renaming the company DJO Global.[6][5]

In the first quarter of 2019, Colfax Corporation, a publicly traded, diversified technology company, acquired DJO.[7][8]

In 2018, the company announced plans to move its headquarters to Lewisville, Texas.[9][10]

References
  1. "Company Overview of DJO Global Inc". Business Week. Archived from the original on March 6, 2014. Retrieved 6 March 2014.
  2. "Finding What Needs Fixing". The New York Times. September 15, 2012. Retrieved 6 March 2014.
  3. Gallant, Julie (August 6–12, 2012). "DJO Takes New Tack in Arthritis Relief" (PDF). San Diego Business Journal. Retrieved 6 March 2014.
  4. "Olympic Gold Medalist Megan Rapinoe Joins Forces with DJO Global". Yahoo! Finance. Archived from the original on 30 October 2014. Retrieved 6 March 2014.
  5. Nagappan, Padma (2012-04-10). "Brace maker DJO Global soars under radar". San Diego Union-Tribune. Retrieved 2022-03-17.
  6. "Blackstone Buys DJO". Forbes. Retrieved 2022-03-17.
  7. Banerjee, Arunima; Sharma, Vibhuti (2018-11-19). "Colfax churns its business with $3.15 billion purchase of medical..." Reuters. Retrieved 2018-11-21.
  8. Prang, Allison (2018-11-19). "Colfax to Buy DJO Global From Blackstone Funds for $3.15 Billion". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-03-17.
  9. "$3B company relocating HQ from California to North Texas". www.bizjournals.com. Retrieved 2022-03-17.
  10. Robinson-Jacobs, Karen (2018-12-13). "California orthopedic device maker DJO to move headquarters, 200 jobs to Lewisville". Dallas News. Retrieved 2022-03-17.


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