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AdvancedCath Adds State of the Art Laser Processing Capabilities with the Acquisition of LSA Laser
[September 16, 2014]

AdvancedCath Adds State of the Art Laser Processing Capabilities with the Acquisition of LSA Laser


WATERTOWN, Mass. --(Business Wire)--

AdvancedCath, a portfolio company of Inverness Graham Investments, announced on September 9, 2014 it significantly expanded its outsourced medical device manufacturing platform by acquiring LSA Laser located in Plymouth, MN. LSA Laser brings state of the art laser welding and micro machining capabilities to complement AdvancedCath's existing catheter and guidewire manufacturing business.

"LSA Laser a recognized leader in producing laser machined components and assemblies that no other supplier can deliver. They have a long history as a trusted partner to medical device OEMs which they've built through engineering expertise and excellent customer service." stated Randall Sword, CEO of AdvancedCath. "I am excited to join with LSA as we share the same values of speed, flexibility and engineering expertise. I am confident our customers will benefit from our expanded technical capacities."

LSA Laser specializes in laser cutting, laser welding, laser ablation and laser marking and provides precision medical device manufacturing and assembly services to medical device OEMs. LSA Laser's coponents and assemblies are used in a variety of medical devices including coronary, peripheral and neuro vascular devices, stimulation leads, surgical instruments, dental and orthopedic devices.



Tom Noll says LSA chose to AdvancedCath because they share a commitment to focus on the customer by providing superior technical solutions and excellent customer service. "Being part of the AdvancedCath platform provides us with complementary technologies and scale so that we can provide even greater value and a more complete set of manufacturing services to our valued customers," said Noll.

About AdvancedCath


AdvancedCath, formerly AdvancedCath Technologies, MP&E, and TechDevice, leading players in the design, development and manufacturring of advanced catheter systems. AdvancedCath works with medical device OEMs to design and manufacture catheter and guidewire systems used in complex interventional and endosurgical procedures. www.AdvancedCath.com.

About LSA Laser

LSA Laser is an ISO 13485-registered laser service provider for the medical device industry. The company is an expert in laser welding, laser cutting, plastic cutting, and ablation working with numerous types of metal and plastic materials.

About Inverness Graham

Inverness Graham is an operationally focused, lower middle market private investment firm headquartered in Philadelphia. Inverness Graham acquires high growth, innovative manufacturing and service companies. http://www.invernessgraham.com


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