Boyne Capital Acquires Adapt Laser Systems

IMI plc Acquires Adaptas Solutions from Ampersand Capital Partners for $271M

December 20, 2021

Manufacturing

IMI plc has agreed to acquire Adaptas Solutions from Ampersand Capital Partners for $271 million in cash. Adaptas, a Palmer, Massachusetts-based manufacturer of mass spectrometry subsystems, fluidic modules and lab automation components with ~340 employees and projected 2021 revenues of about $80–83 million, will join IMI Precision Engineering to deepen IMI's life sciences product offering and OEM relationships.

Bergman & Beving Acquires 90% Stake in DataLase

November 4, 2025

Manufacturing

Bergman & Beving has acquired a 90% stake in DataLase Holdings Ltd, a UK-based leader in photonic (inkless) printing technology, with CEO Clare Lewis retaining a 10% ownership and continuing in her role. The business will be placed in Bergman & Beving's Safety Technology division to expand the group's capabilities in sustainable, inline product and packaging printing solutions.

Adaptas Solutions Acquires Cadence Fluidics

December 7, 2020

Medical Devices

Adaptas Solutions, a portfolio company of Ampersand Capital Partners, has acquired Cadence Fluidics to broaden its product family of fluidic modules and custom valve solutions for life-science OEM instrument manufacturers. Cadence's manufacturing will be transitioned into Adaptas' 90,000 sq. ft. Palmer, Massachusetts campus; financial terms were not disclosed.

Boyne Capital and Breakwater North Acquire Majority Stake in Sonic Systems International

September 20, 2021

Industrial Services

Boyne Capital and Breakwater North (via an affiliate of Breakwater North LLC), with debt and co-investment support from Main Street Capital Corporation, acquired a majority stake in Sonic Systems International, a Wilmington, North Carolina–based provider of mission-critical services to the commercial nuclear power industry. The investors intend to expand Sonic’s service offerings and capitalize on renewed growth in the nuclear power sector.

Fonon Quantum Technologies Acquires Beamer Laser Marking Systems

April 3, 2025

Manufacturing

Fonon Quantum Technologies, Inc. (FQTI) has acquired Beamer Laser Marking Systems, a U.S.-based manufacturer of industrial fiber and CO2 laser marking equipment. Beamer will continue operations (manufacturing in Flushing, Michigan) while engineering will be strategically relocated/integrated with FQTI's Orlando, Florida operations to expand capabilities and market reach in industrial laser equipment.

Machine Solutions Inc. Acquires Alpine Laser LLC

October 3, 2024

Medical Devices

Machine Solutions Inc., a provider of equipment and services to the medical device industry and a platform owned by BW Forsyth Partners, has acquired Alpine Laser LLC, a Minneapolis-based maker of laser processing workstations and development support. The acquisition adds laser processing capabilities to Machine Solutions' portfolio and is the company's ninth acquisition since joining the BW Forsyth Partners family.