Burlington Medical (Peninsula Capital Partners portfolio) Acquires Lite Tech (XenoLite)
June 28, 2022
Burlington Medical, a portfolio company of Peninsula Capital Partners, has acquired Lite Tech, Inc. (d/b/a XenoLite), a Norristown, Pennsylvania manufacturer of lightweight, lead-free radiation-protective aprons and related products. The deal is an add-on to the Burlington platform and expands its manufacturing capabilities and product offering in the healthcare radiation-protection market, creating what Burlington describes as the world's largest manufacturer of radiation-protective aprons.
- Buyers
- Burlington Medical, LLC, Peninsula Capital Partners L.L.C.
- Targets
- Lite Tech, Inc. (d/b/a XenoLite)
- Platforms
- Burlington Medical, LLC
- Industry
- Medical Devices
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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