Corporate Fuel Buys Resonetics

Corporate Fuel Partners has acquired Resonetics Inc., a Nashua, N.H.-based laser micromaching company. No financial terms were disclosed. 

 

PRESS RELEASE 

 

Corporate Fuel Partners LLC has announced today that an affiliate has acquired substantially all the operating assets of Resonetics, Inc., one of the largest laser micromaching companies in the world.  The terms of the transaction are not disclosed.

 

Resonetics, based in Nashua, NH, was founded in 1987.  The company has more than 50 Excimer, carbon dioxide, solid-state and femtosecond laser systems which it uses along with optics and material handling technologies to efficiently machine extraordinarily precise holes and features in sizes that are a fraction of the width of human hair.  The company micromachines plastics, polymers, ceramics, glass and thin metals for applications in telecommunications, electronics and medical device components. 

 

About Corporate Fuel Partners

Corporate Fuel Partners, LLC, a New York based private equity fund, makes investments in middle market companies in the Northeastern United States. They partner with high quality management teams and look for established companies with strong niche market positions with valuations between $3.0MM and $15.0MM, They avoid start-ups, turnarounds, and unstable business models. Corporate Fuel Partners is affiliated with Corporate Fuel Advisors, a middle market investment banking and business advisory firm that provides a full range of M&A advisory and capital raising services to middle market companies.