Exactech, Inc. is a privately held orthopedic medical-device manufacturer headquartered on a 20-plus-acre campus in Gainesville, Florida. It was founded in November 1985 by orthopedic surgeon Dr. Bill Petty, his wife Betty Petty, and biomedical engineer Dr. Gary Miller. Previously public (Nasdaq: EXAC), it was acquired by TPG Capital in 2018 for roughly $737 million and taken private. In October 2024 Exactech entered a Chapter 11 restructuring in the U.S. Bankruptcy Court for the District of Delaware, citing liabilities from 2021–2022 packaging recalls; in September 2025 the court confirmed a plan and approved sale of substantially all assets to an investor group including Strategic Value Partners, Stellex Capital Management, and Greywolf Capital Management. Reported size: roughly 700–900 employees and trailing revenue around $264 million for the four quarters ended September 30, 2017 (pre-bankruptcy figures; no current public revenue is disclosed).
Products / operations: Exactech develops and manufactures joint-replacement implants, related surgical instruments, and digital/navigation technologies. Major product lines include the Equinoxe shoulder system; Alteon and Spartan hip systems; Truliant, Triverse, and Newton knee systems; the Vantage total ankle system; spine products; GPS navigation; and biologics and bone-cement products. Products are distributed in the U.S. and in 35-plus international markets. It is an operating company, not an NPE.
Patent-litigation posture: Exactech appears once in the tracked data, solely as a defendant (0 plaintiff cases, 1 defendant case). This fits an operating company defending against a larger patent holder rather than an active two-way litigant or assertion entity. The single tracked suit sits in the Middle District of Florida, not a plaintiff-friendly venue like the Eastern District of Texas.
Notable case: Conformis, Inc. v. Exactech, Inc. (M.D. Fla., filed June 3, 2021). Conformis asserted patient-specific instrumentation and implant patents in two complaints — one targeting Exactech's Vantage Total Ankle System (3D-printed tibia/talar cutting guides) and one naming Exactech alongside Bodycad over the Reflex Uni knee system, which Exactech distributed as Truliant Reflex Uni. Bodycad later settled with Conformis; Exactech's outcome in the tracked suit is not confirmed here.