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Tecomet Inc.

Robot-assisted surgery matters for contract manufacturers

May 1, 2019 By Chris Newmarker

Robot-assisted surgery is a game changer, not only for orthopedic device companies but the contract manufacturers serving them. For major supplier Tecomet, it means forging relationships earlier, sometimes tighter instrument tolerances — and much more.  It makes sense that Tecomet officials would see the rise of robot-assisted surgery in the ortho space as a big […]

Filed Under: Business/Financial News, Contract Manufacturing, Featured, Orthopedics, Robotics, Surgical Tagged With: Stryker, surgical robotics, Tecomet Inc.

Report: Genstar Capital shops Tecomet for $1B

August 31, 2016 By Brad Perriello

Private equity player Genstar Capital is reportedly shopping Tecomet to potential buyers for more than $1 billion. Genstar tapped investment bank William Blair & Co. to auction Tecomet, according to Reuters, which cited “people familiar with the matter.” Genstar, Tecomet and William Blair declined to comment. Wilmington, Mass.-based Tecomet, founded in 1963, is a contract manufacturer […]

Filed Under: Contract Manufacturing, Mergers & Acquisitions, Wall Street Beat Tagged With: Genstar Capital, Tecomet Inc., Venture Capital/Private Equity

Tecomet to shutter Symmetry Medical plants, laying off 319 workers

April 2, 2015 By Brad Perriello

Tecomet to shutter Symmetry Medical plants, laying off 319 workers

Filed Under: News Well Tagged With: Layoffs, Medical OEM, Symmetry Medical Inc., Tecomet Inc.

2014: The year of the medtech IPO | Medtech Wall Street news for the week of December 15, 2014

December 18, 2014 By MassDevice

Year in review: 2014 was the year of the medtech IPO

December 10, 2014 by MassDevice staff

Filed Under: News Well, Respiratory, Wall Street Beat Tagged With: Inogen, Johnson and Johnson, K2M, Nevro Corp., oculartherapeutix, Sientra, Symmetry Medical Inc., Symmetry Surgical, Tecomet Inc., TriVascular, Volcano Corp.

Hologic CEO gives glowing review to major stakeholder and activist investor Carl Icahn | Medtech Wall Street news for the week of August 4, 2014

August 7, 2014 By MassDevice Leave a Comment

Hologic's CEO praises its activist investor

August 4, 2014 by Arezu Sarvestani

Hologic CEO MacMillan praises activist investor Icahn

Filed Under: News Well, Wall Street Beat Tagged With: Allergan, Biolase, Hologic, Lantheus Medical Imaging, Symmetry Medical Inc., Tecomet Inc., Valeant Pharmaceuticals

Symmetry Medical sells its OEM biz to Tecomet for $450M

August 4, 2014 By Arezu Sarvestani Leave a Comment

Symmetry Medical sells its OEM biz to Tecoment for $450M

Symmetry Medical’s (NYSE:SMA) going through some big changes, selling off its orthopedics components division and spinning out its surgical business.

Filed Under: News Well, Orthopedics, Surgical, Wall Street Beat Tagged With: Symmetry Medical Inc., Tecomet Inc.

PE player takes out Tecomet

January 6, 2014 By Chris Walker Leave a Comment

PE player takes out Tecomet

Genstar Capital said it bought out Tecomet, a medical device OEM, for an undisclosed amount.

Genstar Capital is a private equity firm, focused on investments in technology, healthcare, and finance industries.

Wilmington, Mass.-based Tecomet makes orthopedic implants, precision surgical instruments and photochemical etched products for medical device customers. The company has been around since the 1960s and was recently a Charlesbank Capital Partners company. Genstar plans on leaving management in place, according to a press release.

Filed Under: Mergers & Acquisitions, News Well Tagged With: Charlesbank Capital Partners, Genstar Capital, Medical OEM, Tecomet Inc.

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