Etac (Nordstjernan) Acquires 70% Stake in HoverTech International

Etac Acquires Ki Mobility

October 6, 2021

Medical Devices

Etac, a subsidiary of Swedish investor Nordstjernan, has acquired 100% of Ki Mobility, a US-based developer of complex manual rehab wheelchairs and seating. The acquisition expands Etac’s product offering and establishes a dedicated North American mobility organization to support growth in the US and global export markets.

Gentherm Acquires Etratech Enterprises

November 8, 2017

Manufacturing

Gentherm Incorporated acquired Etratech Enterprises, Inc., a Burlington, Ontario–based designer and manufacturer of advanced electronic controls and systems, from Etratech shareholders (including minority investor The Shotgun Fund). Etratech, which employs more than 400 people and had estimated revenues of CAD 77 million (about US$61 million) trailing-12-months, was purchased for US$64 million (~8.5x trailing EBITDA).

Cirtec Medical Acquires Stellar Technologies, Inc.

August 1, 2016

Medical Devices

Cirtec Medical, a portfolio company of Century Park Capital Partners, has acquired Stellar Technologies, Inc., a Brooklyn Park, Minnesota-based precision machining and medical component manufacturer. The acquisition expands Cirtec's manufacturing capabilities—particularly in neuromodulation lead wire assemblies, electro-mechanical devices and delivery systems—and establishes a presence in Minnesota's "Medical Alley."

Montagu Acquires Stake in Intech (Orthopaedic Medical Device Manufacturer)

July 12, 2021

Medical Devices

Montagu, a European private equity firm, has entered into and closed a strategic investment in Intech, the France-based global leader in contract manufacturing of orthopaedic surgical instruments. The transaction follows negotiations with existing investors Eurazeo PME and Andera Partners and will see Montagu support Intech’s management to accelerate organic and external growth, expand capacity, and strengthen its position in orthopaedics.

Lou-Tec Acquires Torcan Lift Equipment

October 11, 2023

Industrial Services

Lou-Tec, a Quebec-based heavy machinery and equipment rental company, has acquired Torcan Lift Equipment, an Ontario specialist in aerial lift sales, rental and maintenance. The deal expands Lou-Tec's presence into Ontario, adds Torcan's fleet and teams to Lou-Tec's network, and is supported by Lou-Tec's private equity backers to accelerate growth and geographic expansion.

Harbor Acquires Legal Tech Training Firm Encoretech

November 12, 2025

Professional Services

Harbor, the Chicago-based legal technology and consulting firm, has acquired Encoretech, a U.S.-based training and user adoption services provider for law firms and corporate legal departments. The deal — Harbor's first since a majority investment from BayPine LP — adds Encoretech's Training-as-a-Service capabilities (about 80 professionals across the U.S. and Europe) to Harbor's Legal Technology + Operations practice to accelerate technology adoption and AI enablement for clients.