Michael Barbella, Managing Editor03.21.23
Machine Solutions Inc. has purchased Vela Technologies Inc., a San Diego-based designer and manufacturer of proprietary 3D UV curing equipment used for medical devices (catheters, guidewires and adhesive bonding), and industrial applications. Neither company disclosed the deal's terms.
The acquisition enables Machine Solutions to expand the medical device manufacturing automation technologies offered by its brands, including MSI, Steeger USA, Vante, PlasticWeld Systems, Crescent Design, Beahm Designs, BW-TEC, SEBRA and Intec Automation.
“Vela’s 3D UV curing technology is solidifying its place as the industry standard in the medical device manufacturing industry,” Machine Solutions President Brian Strini said. “We are excited to add another technology to our solutions portfolio, and look forward to the additional capabilities we can bring to our customers.”
The Vela team will continue to grow and develop state-of-the-art equipment, with additional global sales and service support from Machine Solutions.
“We are honored to join such a top-quality partner,” Vela President Joseph Stumpf said. “The Vela team will remain in place with added depth and capabilities to serve our existing and new customers.”
Vela is Machine Solutions’ ninth acquisition since joining the BW Forsyth Partners family of companies in 2012.
Machine Solutions Inc. provides advanced equipment and services to the medical device and life sciences industries. The company has been instrumental in automating manual processes in catheter and stent manufacturing operations and the broader medical device industry. Machine Solutions is privately owned by BW Forsyth Partners.
BW Forsyth Partners is the investment arm of multibillion-dollar global manufacturing and engineering consulting firm Barry-Wehmiller. Established in 2009, BW Forsyth Partners blends Barry-Wehmiller’s legacy of value creation and people-centric culture development with investing experience to help companies realize their true potential. BW Forsyth Partners partners with leadership teams to acquire small- to middle-market companies in the capital and component equipment, and professional services sectors. In each of its operating companies, BW Forsyth Partners deploys operational improvements and strategy development without compromising the autonomy, strategic vision and entrepreneurial spirit of their leadership teams.
The acquisition enables Machine Solutions to expand the medical device manufacturing automation technologies offered by its brands, including MSI, Steeger USA, Vante, PlasticWeld Systems, Crescent Design, Beahm Designs, BW-TEC, SEBRA and Intec Automation.
“Vela’s 3D UV curing technology is solidifying its place as the industry standard in the medical device manufacturing industry,” Machine Solutions President Brian Strini said. “We are excited to add another technology to our solutions portfolio, and look forward to the additional capabilities we can bring to our customers.”
The Vela team will continue to grow and develop state-of-the-art equipment, with additional global sales and service support from Machine Solutions.
“We are honored to join such a top-quality partner,” Vela President Joseph Stumpf said. “The Vela team will remain in place with added depth and capabilities to serve our existing and new customers.”
Vela is Machine Solutions’ ninth acquisition since joining the BW Forsyth Partners family of companies in 2012.
Machine Solutions Inc. provides advanced equipment and services to the medical device and life sciences industries. The company has been instrumental in automating manual processes in catheter and stent manufacturing operations and the broader medical device industry. Machine Solutions is privately owned by BW Forsyth Partners.
BW Forsyth Partners is the investment arm of multibillion-dollar global manufacturing and engineering consulting firm Barry-Wehmiller. Established in 2009, BW Forsyth Partners blends Barry-Wehmiller’s legacy of value creation and people-centric culture development with investing experience to help companies realize their true potential. BW Forsyth Partners partners with leadership teams to acquire small- to middle-market companies in the capital and component equipment, and professional services sectors. In each of its operating companies, BW Forsyth Partners deploys operational improvements and strategy development without compromising the autonomy, strategic vision and entrepreneurial spirit of their leadership teams.
