Boyne Capital acquires Adapt Laser Systems.
Global Banking News-February 14, 2019-Boyne Capital acquires Adapt Laser Systems
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Boyne Capital has announced it has acquired Adapt Laser Systems, the exclusive North American sales, distribution and technical services partner to laser cleaning solutions provider Clean-Lasersysteme GmbH, based in Germany, the company said.
CleanLASER's solutions are used to clean and prepare various substrate surfaces during production and maintenance.
Headquartered in Kansas City, Missouri, Adapt Laser has supported North America since 2003, providing pioneering laser cleaning solutions to many bonding, corrosion, and surface treatment issues facing complex industrial processes. Adapt Laser, in partnership with CleanLASER, is the only supplier of fiber-coupled, compact, mobile or stationary laser cleaning units, with 20 to 1000 watts of laser power for a wide-range of handheld or automated applications.
The Adapt Laser Systems transaction represents the most recent platform investment in BCM Fund I. Boyne Capital is dedicated to investing in the lower middle market sector, specifically companies with revenues of less than USD 100 million and with EBITDA of USD 2 million to USD 10 million.
Boyne Capital is a Florida-based private equity firm focused on investments in lower middle market companies. Boyne has invested in a broad range of industries, including healthcare services, consumer products, niche manufacturing, and business and financial services among others.
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