Sverica Capital Management portfolio company Resonetics has acquired Aduro Laser, a Davis, CA-based emerging leader in laser processing of tubular components for the medical device industry, serving leading companies in structural heart, peripheral vascular and minimally invasive surgery markets.
The amount of the deal was not disclosed.
Founded in 1987 and based in Nashua, NH, Resonetics develops laser micro-manufacturing to solve complex manufacturing challenges for the medical device and diagnostics industry. The company designs and builds its own laser workstations and has more than 80 laser workstations in-house, covering a wide spectrum of laser types and wavelengths, including the latest femtosecond and picosecond technologies.
The investment, which marks Resonetics’ second acquisition following the original acquisition of Resonetics by Sverica in 2014, will help the company expand capacity with a new facility, additional equipment and more engineering resources.
Led by Tom Burns, CEO, Resonetics will market Aduro Laser’s service as PRIME™ Laser Cut Tubing, a solution for quick turn and high volume laser cut tubing used extensively in catheter delivery systems, Nitinol implants and single use instruments.