Cascade Announces Ownership Change, Charting an Independent Path Forward

Ownership Change Details

Cascade Orthopedic Supply and Ottobock have agreed that Cascade will redeem Ottobock's ownership interests in Cascade. The signing of this transaction took place on Friday, September 13, 2024. The closing of the actual redemption was finalized on Friday, September 27, 2024, marking Cascade as an independently held company.

Commitment to Customers and Suppliers

Throughout their partnership, Cascade and Ottobock have operated autonomously. Moving forward, we assure customers, partners, and stakeholders that our working relationship as supplier and distributor remains unchanged. Cascade will maintain distribution of Ottobock’s orthotic and prosthetic devices and uphold a strong supplier partnership.

“I am elated to have the opportunity to redeem all outstanding ownership interests of Ottobock by Cascade. Our time at Ottobock allowed us to strengthen the core competencies of the business and achieve growth despite challenging market conditions. I am excited to bring independent innovative solutions to our customers.” – Jeff Collins, CEO Cascade Orthopedic Supply, LP

“We are proud of the progress Cascade made as part of Ottobock. Under Jeff Collins' leadership, the team achieved significant growth. We look forward to seeing the innovative solutions they will continue to bring to the O&P community.” – Scott Schneider, Head of Government/Medical Affairs & Future Development Ottobock North America

Frequently Asked Questions

For further information and to address any questions, please see our Frequently Asked Questions document available here. We appreciate your support during this transition. For additional inquiries, please do not hesitate to contact us.

About Cascade Orthopedic Supply

Founded in 1973, Cascade Orthopedic Supply, LP is a prominent distributor of orthotics and prosthetics in North America. With distribution facilities in California, Kansas, and Pennsylvania, Cascade ensures overnight delivery within the contiguous United States, supporting superior service and operational efficiency.

About Ottobock

Ottobock is a global leader in developing innovative orthotic and prosthetic devices, dedicated to improving quality of life for people with mobility challenges. With over 100 years of experience, we continue to pioneer advancements in medical technology worldwide.