Resonetics, a laser micro manufacturing company in New Hampshire, has acquired Mt. Clemens-based Tru Tech Systems Inc., a supplier of precision grinding services for the medical device market and CNC grinding equipment for the machine tool industry.
Tru Tech was founded in 1989 and provides prototypes for core wires and mandrels. It also designs, builds, and services grinding equipment for its own use and for other industrial markets.
“We are excited to welcome the Tru Tech team to Resonetics, as customers will benefit greatly from our combined capabilities,” says Tom Burns, president and CEO of Resonetics. “Over the last 24 months, we have completed five acquisitions of exceptional companies that provide complimentary technologies to the Resonetics core platform. Today, Resonetics’ 850 employees have the expertise and resources to provide customers with complex, tight-tolerance components and sub-assemblies, enabling the launch of innovative new technology to treat the most demanding medical applications.”
Tru Tech specializes in centerless grinding of stainless steel, nitinol, PEEK, and other polymers. It produces more than 6 million ground components each year.
“The Tru Tech team is excited about the added scale and synergies gained by joining Resonetics,” says Steve Smarsh, president and CEO of Tru Tech. “With the Resonetics global sales organization and strategic relationships, we look forward to serving more customers on a broader scale while ensuring our existing customers continue to receive exceptional service. Importantly, Resonetics has cultivated long-standing relationships with key customers and employees, values that we share.”
Resonetics was founded in 1987, works in laser micro manufacturing, and provides contract manufacturing services to the life sciences industry. It designs its own customized laser systems and is also offers centerless grinding; thin-wall, stainless steel tubing fabrication; precious metal forming; nitinol processing; and other machining services. It has facilities in the U.S., Costa Rica, Israel, and Switzerland and is owned by Regatta Medical, a portfolio company of GTCR, a private equity firm.