DJO Buying Therapeutic Footwear Maker

The Blackstone Group-backed DJO Global has agreed to acquire Rikco International (DBA Dr. Comfort) for $254.6 million in cash. Credit Suisse is providing DJO with up to $260 million of senior unsecured financing in support of the deal. Dr. Comfort develops, manufactures and markets therapeutic footwear and related medical and comfort products, while DJO provides medical device solutions for musculoskeletal health, vascular health and pain management.