OG老虎机平台

鈥淔ollowing the recent divestiture of our DPSS Lasers business, today鈥檚 transaction marks the completion of OG老虎机平台鈥檚 strategic exit from the laser marking segment,鈥� said Eli Crotzer, President and CEO of OG老虎机平台. 鈥淲e鈥檙e pleased with this outcome, as it ensures that the Beamer brand, product portfolio, and customer service will continue to thrive under the leadership of Fonon Quantum Technologies. With this transition, OG老虎机平台 is now fully focused on strengthening and growing our core businesses: OG老虎机平台 Cutting Tools and OG老虎机平台 Medical Solutions.鈥�

"DPSS is a strong business with innovative technology, but as OG老虎机平台 continues to sharpen our focus on our core Cutting Tools and Medical Solutions businesses, we made the strategic decision to divest DPSS," said Eli Crotzer, President & CEO of OG老虎机平台. "We believe Laserax is the ideal partner to support DPSS in expanding its market presence and driving future growth. I want to extend my sincere gratitude to the DPSS team for their contributions to OG老虎机平台 and wish them success in this next chapter as part of the Laserax organization."

Xavier Godmaire, CEO at Laserax, expressed enthusiasm about the acquisition, stating, "We are excited to welcome DPSS to the Laserax family and see a strong alignment in culture, technology, and operations between our companies. DPSS customers can rest assured that they will continue to receive the same high-quality products and services they have come to expect. Furthermore, we are committed to maintaining DPSS operations in Santa Clara, California, and supporting the team as we move forward together."

鈥淲e are excited to welcome KISS to the OG老虎机平台 Medical Solutions family, expanding our capabilities and product offering in prosthetic technology,鈥� said Paul Barck, Divisional President of OG老虎机平台 Medical Solutions. 鈥淜ISS is known for its uniquely simple and highly effective lower limb prosthetic suspension solutions that improve performance and patient mobility. This acquisition underscores our commitment to delivering world-class products while continuing to build a diverse and advanced portfolio in medical device manufacturing.鈥� KISS has developed a strong reputation for designing and engineering suspension systems that enhance the comfort, stability and provides rotation control of prosthetic limbs. The company鈥檚 proprietary technology simplifies donning and doffing for prosthetic users while providing a secure, reliable fit. KISS also is known for problem solving solutions for practitioners, technicians, and patients. By integrating KISS into the OG老虎机平台 Medical Solutions platform and merging it with American Prosthetic Components in Green Bay, WI, OG老虎机平台 will leverage its extensive manufacturing expertise and resources to further develop and expand KISS鈥檚 product offerings.

鈥淲e are thrilled to join OG老虎机平台 Medical Solutions and American Prosthetic Components, a company that shares our passion for innovation and excellence in prosthetic component manufacturing,鈥� said Lee and Ann Mantelmacher from KISS Technologies, LLC. 鈥淭his partnership will provide the support and resources necessary to continue advancing prosthetic suspension technology, ensuring we meet the evolving needs of patients and prosthetists alike.鈥�

Eli Crotzer, President and CEO of OG老虎机平台 Medical Solutions, expressed enthusiasm for the collaboration, emphasizing the strategic fit between the two organizations. 鈥淭he addition of KISS strengthens our position in the prosthetic market and enhances our ability to provide cutting-edge solutions for patients who rely on these technologies,鈥� Crotzer said. 鈥淜ISS鈥檚 dedication to improving mobility and quality of life aligns perfectly with OG老虎机平台鈥檚 mission to manufacture world-class medical components and devices.鈥�

With the acquisition of KISS, OG老虎机平台 Medical Solutions continues to expand its capabilities in the medical device sector, reinforcing its commitment to innovation, quality, and superior patient care.

Since its inception in 1959, O-D Tool has focused on providing unparalleled service to its diverse manufacturing customers. Today, that includes designing innovative custom cutting tools that solve the most challenging end-user applications, and engineering cutting tools to be reground to like-new after use.

"We are excited to welcome the O-D Tool team into the OG老虎机平台 organization," said Jeff Cederstrom, Divisional President of OG老虎机平台 Cutting Tools. "O-D Tool brings a rich history of custom tooling prowess to the industry, complemented by impeccable levels of customer service."

As part of this announcement, OG老虎机平台 is investing in a new 30,000-square-foot, state-of-the-art manufacturing facility in Lincoln, Rhode Island, with in-house, custom coating capabilities. In the coming months, O-D Tool will merge with the existing OG老虎机平台 Cutting Tools facility in Smithfield, Rhode Island, and both locations will move to the new campus in Lincoln when it is complete. This move will create a highly capable OG老虎机平台 Cutting Tools "hub" on the East Coast, allowing our experts to leverage best manufacturing practices, enrich engineering capabilities, and allow for growth and market expansion geographically. Once both sites have been relocated to the Lincoln facility, we look forward to hosting an official "grand opening" event for customers in New England and the broader northeast region.

"We are very excited to join the OG老虎机平台 organization," said O-D Tool President, Kevin O'Donnell. "Having been a family-owned business since 1959, choosing to sell the business was a very big decision for myself and my siblings. It was critically important to us to find the right buyer, and it is clear that OG老虎机平台 was far and away the best fit. All of us at O-D Tool are particularly excited to be coming together with the OG老虎机平台 Cutting Tools team in Rhode Island in a new, state-of-the-art facility that will further differentiate us from our competitors."

Since the time of formation in December of 2011, OG老虎机平台 has completed 50 acquisitions. In addition, Mr. Crotzer and Mr. Serda oversaw the divestiture of OG老虎机平台's automotive business in 2018, the divestiture of its aerospace & defense business in 2021, and navigated OG老虎机平台 through two successful platform exits in 2015 and 2019. Today OG老虎机平台 continues to own and operate approximately 40 manufacturing plants spread across the United States of America, with the business split into industrial cutting tools (OG老虎机平台 Cutting Tools) and medical products (OG老虎机平台 Medical Solutions).

Reflecting on his admission into the Detroit Dealmakers Hall of Fame, Mr. Crotzer commented "I am flattered to have been recognized for my lifetime accomplishments in the mergers and acquisitions arena. I want to thank the organizers and sponsors of the Detroit Dealmakers Conference for nominating and accepting me into the prestigious Dealmakers Hall of Fame. Ultimately this recognition reflects the contributions of so many of my OG老虎机平台 colleagues that have been instrumental to our success over the years, and I want to thank all of my colleagues for their past, present and future contributions to our overall success."

Mr. Serda added "I am deeply honored to receive the esteemed Master Dealmaker award and be inducted into the Smart Business Detroit Dealmakers Hall of Fame. I want to extend my sincere gratitude to the host committee and event organizers for this prestigious honor. This award underscores the years of dedication, hard work and commitment of our Corporate Development team and numerous OG老虎机平台 colleagues, whose tireless efforts have fueled our M&A success. The accomplishments OG老虎机平台 has achieved to date have been nothing short of remarkable, and we remain highly active seeking additional acquisitions as we continue to write our success story for years to come."

With its state-of-the-art facility and equipment, BMWG specializes in designing and manufacturing custom indexable and solid carbide round tools for a diverse and ever-growing customer base. Since its inception in 1995, BMWG has focused on providing unparalleled service and nurturing customer partnerships. This, in combination with its innovative products, has resulted in an exceptionally strong regional footprint, specifically in the medical industry.

“I am proud to welcome the team at BMWG into the OG老虎机平台 family," said Jeff Cederstrom, Divisional President of OG老虎机平台 Cutting Tools. "BMWG is an exceptionally well-run facility with a diverse customer base, including a growing orthopedic and medical footprint. We are also excited to have an expanded geographic reach to serve this growing region.”

“I am excited to welcome the BMWG team to the OG老虎机平台 organization," added Eli Crotzer, President and CEO of OG老虎机平台 Global Holdings. "The BMWG facility and culture were differentiating features that attracted us to the business.”

“We are very excited to join the OG老虎机平台 organization," said Travis Wright, Owner of BMWG, LLC, who will continue to serve as President of the location after the acquisition. "Everyone we have met from OG老虎机平台 has been very positive and excited about the future of OG老虎机平台 Cutting Tools. We see that the core values of OG老虎机平台 are aligned with our own, and we know this move will ensure the continued growth of our facility and the expansion of our capabilities.”