Paramit
Paramit Corporation is a specialized provider of design, engineering, manufacturing, and post-manufacturing services for medical device and life science instrument companies. Founded in 1990 and based in Morgan Hill, California, with additional facilities in Malaysia, Paramit focuses on diagnostic and analytical instrumentation. The company offers comprehensive product development and manufacturing services, including new product introduction, printed circuit board assembly, mechanical assembly, and supply chain management. They are registered with the FDA as a manufacturer of finished medical devices and are dedicated to compliance, employing in-house auditors trained in rigorous quality systems. Paramit's capabilities extend to post-manufacturing services such as order fulfillment and medical device upgrades. With nearly 20% of its workforce comprising engineers, the company emphasizes continuous improvement and innovation throughout the product lifecycle, positioning itself as a leader in outsourcing manufacturing for complex medical devices.
Top Stages
2 past transactions
Emphysys
Acquisition in 2020
Emphysys, Inc. is a technology development company based in Woburn, Massachusetts, specializing in the design and development of multi-modal energy generation and software control systems. Founded in 2009, the company focuses on creating patentable intellectual property to differentiate its products in the market. Emphysys employs multiphysics modeling and simulation tools to evaluate product performance and offers a comprehensive range of services, including technical consulting, device modeling, RF heating and ablation, acoustics, plasma modeling, and app development. Its clientele primarily includes the life sciences, medical device, and industrial sectors, with a strong emphasis on improving the performance and reliability of complex products and processes. Emphysys provides complete development solutions from initial concept to mature system prototypes, leveraging expertise in RF and microwave power delivery systems and the interactions of electromagnetics with various tissues. As of November 2020, Emphysys operates as a subsidiary of Paramit Corporation.
Lathrop Engineering
Acquisition in 2016
Lathrop Engineering is a family-owned contract product development firm that specializes in the development of diagnostic and analytical instrumentation for the medical and life science industries. The company collaborates with a diverse range of clients, from start-ups to Fortune 500 companies, to transform innovative concepts into commercially viable products. With a track record of over 800 successful projects for more than 300 clients, Lathrop Engineering provides comprehensive support throughout the entire product life cycle, including follow-on and post-launch assistance.
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