November 10, 2024
Boston, MA – BCS is pleased to announce the acquisition of Lighteum, LLC, a California based innovator of nitinol processing capabilities, to Medical Device Components (MDC).
Lighteum is a manufacturer of high complexity, nitinol-based medical components, focused on transforming customer experience through best-in-class transparency and innovation. Their capabilities include femtosecond laser processing, heat shaping, and electropolishing technologies serving the medical device market,
MDC is a global leader in precision medical components for minimally invasive devices, with specialization in platinum group metals, nitinol, and advanced coatings. MDC’s long-standing expertise in metallurgy and micro-machining enables the world’s leading medical device companies to bring life-saving technologies to market quickly and efficiently.
This acquisition significantly enhances MDC’s capabilities in micro-machining, nitinol processing development adding to MDC’s leadership position in the minimally invasive medical device market.
BCS provided assistance to Covington Associates in sourcing and shepherding this transaction. “This transaction is particularly rewarding for BCS as we have known Lighteum co-founders Lori Lodico and Jose Maeso long before they started out on their own with Lighteum. Lori and Jose are pioneers in the nitinol processing world and what they have accomplished in such a short time is truly remarkable”, commented Mark Bonifacio, President, BCS.
###