Resonetics (backed by GTCR and Sverica)’s acquisition of Medelec SA

Resonetics announced the acquisition of Medelec, Puidoux, Switzerland, a leading supplier of metal tubing and other components to the medical device industry.

Founded in 1952, Medelec has evolved over three generations of ownership by the Butty family. The company has developed a reputation for the highest quality tubing used in medical devices and works with a wide range of metals including assorted stainless steels and precious and semi-precious metals. In addition to fabricating tubing from flat stock, Medelec offers additional manufacturing capabilities including laser cutting and welding and CNC machining.

Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Growth Business Services, Technology, Media & Telecommunications, Healthcare and Financial Services & Technology industries.

Pestalozzi advised leading private equity firm GTCR and their portfolio company Resonetics as to Swiss law with a team led by Beat Schwarz (Partner Corporate/M&A, in picture), Jonas Sigrist (Partner Tax), Jean-Baptiste Lhôte (Associate Corporate/M&A), Nikolaus Thaddaeus Paumgartner (Associate Corporate/M&A), Michael Lips (Partner Real Estate), Petra Spring (Associate Employment), Severin Etzensperger (Associate IP/IT), Manuela Morel (Paralegal Corporate) and Frédéric Moioli (Junior Associate Corporate/M&A).

Involved fees earner: Beat Schwarz – Pestalozzi; Jean-Baptiste Lhôte – Pestalozzi; Nikolaus Thaddaeus Paumgartner – Pestalozzi; Frédéric Moioli – Pestalozzi; Michael Lips – Pestalozzi; Petra Spring – Pestalozzi; Severin Etzensperger – Pestalozzi;

Law Firms: Pestalozzi;

Clients: GTCR; Resonetics;