KKR Launches Allyntra, Building a Precision-Engineered Solutions Platform for MedTech (with Precipart as Foundational Business)

Alantra (with Hayfin) Launches €155M Continuation Fund to Back Health in Code

February 20, 2026

Healthcare Services

Alantra Private Equity closed a €155 million single-asset continuation vehicle, led by Hayfin Capital Management, to increase and retain its stake in clinical genomics platform Health in Code. As part of the recapitalization Mérieux Equity Partners joined as a c.20% minority investor while existing investors in Alantra Private Equity Fund III received liquidity; the new capital and a reorganized debt facility are intended to accelerate international expansion and add-on M&A across Europe.

SK Capital Acquires LISI Group's Medical Division and Launches Precera Medical

October 31, 2025

Medical Devices

SK Capital Partners has completed the acquisition of LISI Group's Medical division and launched the business as Precera Medical, a precision medical device CDMO headquartered in Big Lake, Minnesota. LISI Group retained a minority stake; SK Capital plans to invest in capacity and capabilities and pursue organic growth and M&A to expand the new platform's service offerings to global medical device OEMs.

Linden Capital Partners Acquires Alcresta Therapeutics

March 12, 2024

Medical Devices

Chicago-based private equity firm Linden Capital Partners has completed its acquisition of Alcresta Therapeutics from a group led by Athyrium Capital, with Bessemer Venture Partners, Frazier Healthcare Partners and HealthQuest Capital also selling (HealthQuest reinvested as a minority shareholder). Linden will work with Alcresta's management and a newly assembled board to support the commercial launch of the next-generation RELiZORB device and accelerate R&D and growth.

KKR Invests in Precipart to Accelerate Growth

October 24, 2023

Manufacturing

KKR has agreed to invest in Precipart, a Swiss contract manufacturer of precision components for the medical device, aerospace and industrial markets. The Laubscher family will retain a significant minority stake; KKR is investing through its Health Care Strategic Growth Fund II to support Precipart's organic growth and M&A-driven expansion. Financial terms were not disclosed.

Precisional (TJC) Acquires Four Industrial Technology Businesses from Trimble

May 9, 2022

Manufacturing

Precisional, an affiliate of The Jordan Company, has completed the acquisition of four Trimble businesses — Protempis (formerly Trimble Time & Frequency), LOADRITE, Spectra Precision Tools, and SECO — to form a new platform focused on precision measurement and data solutions. The transaction is a divestiture by Trimble and establishes Precisional as a platform to invest in product development, operations and pursue synergistic add-on acquisitions.

Insight Partners and Partners Group Make Strategic Investment in Precisely

April 21, 2022

Data & Analytics

Insight Partners and Partners Group agreed to make a strategic investment in Precisely, joining existing sponsors Clearlake Capital, TA Associates, and Centerbridge Partners. The minority growth investment (terms undisclosed) will fund product innovation and support Precisely's buy-and-build strategy to expand its data integrity software platform.