Spectra Medical Devices Acquires XL Precision Technologies
September 30, 2024
Spectra Medical Devices, a portfolio company of QHP Capital, has closed its acquisition of XL Precision Technologies Ltd., a Stockton‑on‑Tees based CDMO that manufactures precision micro-components, complex tubular components, and sub‑assemblies for the medical device industry. Rubicon Partners Industries, which acquired XL‑PT in 2008, was the seller; the deal expands Spectra's development and precision‑manufacturing capabilities to better serve medical device OEMs.
- Buyers
- Spectra Medical Devices, LLC, QHP Capital
- Targets
- XL Precision Technologies Ltd.
- Sellers
- Rubicon Partners Industries
- Platforms
- Spectra Medical Devices, LLC
- Industry
- Medical Devices
- Location
- England, United Kingdom
- Transaction Type
- Addon
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