RTTNews | Dec 3, 2021 08:16AM EST

08:16 Friday, December 3, 2021 (RTTNews.com) - GTCR, a private equity firm, said its portfolio company, Resonetics has sold a minority equity stake to funds affiliated with Carlyle (CG), valuing Resonetics at approximately $2.25 billion. The investment will support continued growth and expansion of specialized medical device contract manufacturer, GTCR said.

Resonetics is a pioneer in advanced engineering and manufacturing solutions for the life sciences industry. It is specialized in laser processing, centerless grinding, nitinol processing, thin-wall stainless steel and precious metal tubing, photochemical machining, metal fabrication, and fiber optic sensors.

Read the original article on RTTNews ( https://www.rttnews.com/3246758/carlyle-to-join-gtcr-as-shareholder-in-resonetics-quick-facts.aspx)

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