Resonetics completes the acquisition of HTI Medical, a Hutchinson Technology subsidiary specializing in micro-component manufacturing for medical devices. The unit develops proprietary processes for fabricating tight-tolerance parts used in minimally invasive surgical tools. This carve-out acquisition expands Resonetics’ capabilities in precision medical device manufacturing.
Resonetics acquires STI Laser Industries, a supplier of laser processing, nitinol shape setting, and cleanroom assembly for medical devices. STI serves startups in Israel and has global clients in the U.S., Japan, China, and Korea. The deal expands Resonetics’ capabilities in precision manufacturing for the medical device sector.
GTCR is backing Regatta Medical’s first acquisition, taking a majority stake in **Resonetics Inc.**, a medical device manufacturer. The deal expands Regatta’s portfolio of medical device solutions. Resonetics operates with backing from Sverica Capital Management.
Regatta Medical acquires a majority stake in Resonetics while retaining its current leadership, including CEO Tom Burns. The deal expands Regatta’s portfolio under private equity backing from GTCR. Resonetics continues operations under its existing management team.
Feb 2018Medical Design and OutsourcingNews article
