Michael Barbella, Managing Editor04.12.22
Wytech Industries has a new leader.
The company, a Vance Street Capital portfolio firm, appointed David Ohmann as CEO, effective immediately. Ohmann joined Wytech in May of 2021 as president with more than 25 years of medical device industry experience.
“Over the past 11 months Dave’s energy, dedication, and compassion for the people of Wytech has preserved the entrepreneurial and employee focused culture that the Casalino family started 50 years ago," said Mike Janish, managing partner of Vance Street Capital. "Wytech’s three-year growth plan now includes an expansion of manufacturing space at the Rahway facility including continuous expansion of Wytech’s FastLane Webstore. We are very happy with Wytech’s scalability and excited for Dave’s promotion to CEO.”
“For nearly five decades, the Casalino family has built a strong employee culture and I am honored to continue this tradition in the role of CEO,” said Ohmann. “Wytech produces over 70 million components a year and is a qualified supplier to thousands of medical device OEMs and contract manufacturers around the world. We are committed to earn our position as the preferred development and manufacturing partner of precision ground wire and metal tube components for our medical device customers.”
Wytech provides specialty wire and tubing products to medical device OEMs and affiliated contract manufacturers worldwide. The company engineers simple manufacturing solutions to complex wire and metal tubing design applications.
Vance Street Capital is a middle-market private equity firm focused on investing in highly engineered solutions businesses within the medical, aerospace, defense and industrial sectors. For more than two decades, Vance Street’s partners have worked with management teams and family owners to accelerate revenue growth, improve operations and acquire strategic assets for the companies in their investment portfolio.
The company, a Vance Street Capital portfolio firm, appointed David Ohmann as CEO, effective immediately. Ohmann joined Wytech in May of 2021 as president with more than 25 years of medical device industry experience.
“Over the past 11 months Dave’s energy, dedication, and compassion for the people of Wytech has preserved the entrepreneurial and employee focused culture that the Casalino family started 50 years ago," said Mike Janish, managing partner of Vance Street Capital. "Wytech’s three-year growth plan now includes an expansion of manufacturing space at the Rahway facility including continuous expansion of Wytech’s FastLane Webstore. We are very happy with Wytech’s scalability and excited for Dave’s promotion to CEO.”
“For nearly five decades, the Casalino family has built a strong employee culture and I am honored to continue this tradition in the role of CEO,” said Ohmann. “Wytech produces over 70 million components a year and is a qualified supplier to thousands of medical device OEMs and contract manufacturers around the world. We are committed to earn our position as the preferred development and manufacturing partner of precision ground wire and metal tube components for our medical device customers.”
Wytech provides specialty wire and tubing products to medical device OEMs and affiliated contract manufacturers worldwide. The company engineers simple manufacturing solutions to complex wire and metal tubing design applications.
Vance Street Capital is a middle-market private equity firm focused on investing in highly engineered solutions businesses within the medical, aerospace, defense and industrial sectors. For more than two decades, Vance Street’s partners have worked with management teams and family owners to accelerate revenue growth, improve operations and acquire strategic assets for the companies in their investment portfolio.