Paramit Corporation Acquires S.I.E. SOLUTIONS (System Industrie Electronic GmbH)

The Tecan Group Acquires Paramit from Altaris Capital Partners

June 23, 2021

Medical Devices

The Tecan Group has agreed to acquire Paramit Corporation from Altaris Capital Partners for $1.0 billion, with the transaction expected to close in the third quarter. Paramit, headquartered in Morgan Hill, California, is a contract developer and manufacturer of complex electronic medical devices and life science instruments with ~1,000 employees across the U.S. and Malaysia.

Paramit Corporation (Altaris Portfolio Company) Acquires Emphysys, Inc.

November 24, 2020

Medical Devices

Paramit Corporation, a portfolio company of Altaris Capital Partners, acquired Emphysys, Inc., a Boston-area technology development firm specializing in medical device, life sciences and industrial product development. The acquisition expands Paramit's upstream product development capabilities and adds a Greater Boston presence to support growth in medical device and life sciences markets.

Trive Capital Invests in Systems Innovation Engineering

February 16, 2022

Aerospace & Defense

Dallas-based private equity firm Trive Capital has made a strategic investment in Systems Innovation Engineering (SIE), a Mullica Hill, New Jersey–based defense systems engineering and design firm. The capital will support SIE’s continued growth and capability expansion across radar/RF, directed energy, counter-UAS systems and supply-chain/logistics support for defense customers.

MidOcean Partners Acquires SI Solutions

August 15, 2024

Industrial Services

MidOcean Partners, a New York-based private equity firm, has acquired SI Solutions, a provider of engineering, testing, inspection, compliance, maintenance and digital solutions for power and critical infrastructure. SI Solutions (more than 450 employees) will remain led by CEO Mark Marano; management, employee shareholders and prior investor Jumana Capital have reinvested in the business. Terms were not disclosed.

SSOE Group Acquires Integrated Engineering Services (IES)

October 13, 2023

Engineering Services

SSOE Group has acquired Santa Clara–based Integrated Engineering Services (IES), effective October 13, 2023. The acquisition adds IES's expertise in cleanroom design, lab and industrial ventilation, specialty/toxic gas distribution and process chemical systems, while preserving IES's team and expanding SSOE's presence in Santa Clara, Atlanta and Austin.

Serent Capital Makes Growth Investment in Medical Informatics Engineering

April 23, 2024

Cloud & SaaS

Serent Capital has made a growth investment in Medical Informatics Engineering (MIE) to support expansion of MIE's Enterprise Health occupational health software platform. The capital and partnership will be used to scale go-to-market efforts, enhance product capabilities, and accelerate growth across healthcare, corporate, university and government end markets.