Silver Investment Partners Acquires Crystal Laser Systems GmbH (CryLaS)

Silver Investment Partners Acquires Stake in Crystal GmbH from SHS

June 22, 2021

Medical Devices

Silver Investment Partners (SIP) has acquired the stake in Berlin-based Crystal GmbH from healthcare investor SHS. The investor transition will support Crystal's planned growth — development of new products, expanded production capacity and increased international sales — while SHS completes its exit.

IK Investment Partners Acquires LAP GmbH (LAP Laser)

June 18, 2019

Medical Devices

IK Investment Partners’ IK VIII Fund has agreed to acquire LAP GmbH Laser Applikationen (LAP), a German manufacturer of laser positioning systems and radiotherapy QA software, from capiton. LAP is headquartered in Lüneburg, Germany, employs about 350 people across three manufacturing sites, and the deal is intended to support LAP’s growth, expand its QA software offering and enter new application areas in radiotherapy and industrial markets.

Sier Capital Partners and ILS Management Complete Management Buyout of Integrated Laboratory Systems (ILS)

September 14, 2020

Healthcare Services

Sier Capital Partners is supporting the management team of Integrated Laboratory Systems (ILS) in an acquisition of the company. ILS, a Research Triangle Park, North Carolina–based contract research organization that provides pre-clinical toxicology and product safety testing, will leverage Sier’s capital and operating expertise to support future growth.

SK Capital Partners and Edgewater Capital Partners Acquire Saint-Gobain's Crystals Business (rebranded Luxium Solutions)

September 1, 2022

Manufacturing

Funds advised by SK Capital Partners and Edgewater Capital Partners completed the acquisition of Saint-Gobain's scintillation and photonic crystals business and will rebrand the carve‑out as Luxium Solutions. The business, headquartered in Hiram, Ohio with global facilities in the United States, France and India, supplies scintillation crystals and sapphire/garnet substrates for medical imaging, semiconductor and defense end markets.

Laser Photonics Acquires Control Micro Systems (CMS)

December 17, 2024

Manufacturing

Laser Photonics Corporation (NASDAQ: LASE) acquired Control Micro Systems, Inc. (CMS) for approximately $1.05 million ($950,000 cash and $100,000 in common stock). The acquisition expands Laser Photonics' engineering capabilities and entry into the pharmaceutical market, with CMS bringing precision laser drilling systems and a revenue backlog of over $3.7 million.

IPG Photonics Acquires Innovative Laser Technologies from Generation Growth Capital for $40M

July 11, 2017

Medical Devices

IPG Photonics Corporation has acquired Innovative Laser Technologies, Inc. (ILT) from Generation Growth Capital Fund II, LP for $40 million in cash. ILT, a Minneapolis-based designer and manufacturer of high-precision laser systems for medical device OEMs, will expand IPG's ability to deliver turnkey laser systems and integrated solutions to the medical device market and other end-user industries.