San Diego, CA - August 6, 2007 -
Veridiam, Inc., a WHI Capital Partners portfolio company, has acquired
Oceanside, California-based Allied Swiss Screw, Inc. “Allied.” “Allied
is a market leader in the manufacture of dental implants and
abutments,” said Eric Cohen, Managing Partner of WHI Capital Partners.
“The combination of Veridiam and Allied creates one of the country’s
most innovative and technologically advanced metal fabrication
companies.”
Allied provides precision machining
services, manufacturing small, ultra-precision machined components,
surgical tools and assemblies for the dental, medical, and aerospace
markets. The Company primarily targets the dental components market,
manufacturing thousands of different dental parts and instruments
including dental implants, abutments, screws, drills, taps and various
instruments including torque wrenches. The Company operates as a
contract manufacturer for each of its target markets, manufacturing
components to customer specifications. Precision, quality, and
responsiveness are the driving forces behind the success of Allied’s
products.
The acquisition continues Veridiam’s
strategic initiative to offer a broader array of manufacturing
solutions particularly for customers in the medical markets. With this
acquisition, Veridiam continues to show its commitment to serving its
customers as a world-class, one-stop manufacturer for all medical
equipment companies.
About Veridiam
Veridiam,
formerly known as Carpenter Special Products Corporation prior to its
June, 2005 purchase by WHI Capital Partners, is a leading machined
parts and custom metal tubing specialist that has served as a major
manufacturer of precision engineered, integrated build-to-print
components for over 50 years. Veridiam manufactures assemblies, sub-
assemblies, machined components, and precision metal tubing for medical
device, nuclear, aerospace and power generation applications from high
performance alloys including stainless steel and titanium. Managing the
complete supply chain, Veridiam delivers a finished device to
specification on time, saving time and expense. Its operations include
over 170,000-sq. ft. of manufacturing space on 7 acres outside of San
Diego, California. Visit Our Website
About WHI Capital Partners
WHI Capital Partners (www.whicapital.com) is a Chicago-based private equity firm that invests in leading niche manufacturing, value-added distribution and specialty service companies with revenues between $10 – 100 million. WHICP focuses on creating a true partnership with a company’s management team with the goal of enhancing operational efficiency along with developing and executing a clearly defined growth plan to build value. Backed by the financial strength and resources of its parent firm, William Harris Investors, Inc., WHI Capital Partners provides a unique solution to help a company capitalize on its long-term opportunities. Visit Our Website
For more information contact Eric Cohen at (312) 604-7901 or ecohen@whicapital.com.
Sincerely,
Eric Cohen
WHI Capital Partners