EPTAM Precision and Mendell Join Forces to Better Serve Ortho, Cardio, RAS, and MIS Customers

EPTAM Precision Solutions (“EPTAM” or the “Company”), a Frazier Healthcare Partners (“Frazier”) portfolio company, is pleased to announce the acquisition of Mendell Machine and Manufacturing (“Mendell”). Mendell is a medical component manufacturer located in Lakeville, MN that specializes in precision CNC micro-machining of implantable devices for the orthopedic, structural heart, cardiovascular, and endovascular markets. The transaction allows the companies to combine complementary capabilities, providing customers a one-stop shop for Orthopedic, Cardiovascular, Minimally Invasive Surgery (MIS), and Robotic-Assisted Surgery (RAS) components.

Founded in 1981, EPTAM is an outsourced manufacturer of medical device, implants, single-use medical disposable devices, and other high-precision components. The Company has expertise with polymer machining, precision metal machining, and injection molding, and offers a range of value-added services such as process validation, design-for-assembly, cleanroom assembly, and technical program management solutions. EPTAM has over 450 employees with operations in New Hampshire, Colorado, and New Jersey.

With the acquisition, EPTAM expands and diversifies its portfolio of capabilities, offering customers a single partner of choice to solve all their high-precision metals and plastics manufacturing requirements. Mendell’s core focus in precision CNC micro-machining for medical applications brings industry-leading expertise to the EPTAM team.

EPTAM’s CEO Mark Kemp said, “By welcoming the professionals from Mendell to our team, EPTAM adds world-class micro-machining and automation expertise, while also expanding our implant manufacturing offering and benefiting from Mendell’s proximity to many of the leading OEMs located in the greater Minneapolis metro area.”

Bryan Bartz, CEO of Mendell, said, “We are excited to partner with EPTAM to increase our reach and enhance the capabilities and services we offer to our customers. We will continue to provide the same quality and service to our customers with the added benefit of leveraging EPTAM’s capabilities, footprint, industry expertise, and customer relationships.”

To learn more or to contact a representative, visit www.eptam.com.

About EPTAM

EPTAM is a leading high-precision outsourced manufacturer of mission critical components with particular expertise in plastic, metal, and injection molded applications. The company provides its custom machining solutions to leaders in the medical, aerospace & defense, and semiconductor industries. Please visit (www.eptam.com) for more details about the company and its diverse portfolio of services.

About Mendell

Mendell is a highly agile medical device manufacturer, specializing in precision CNC machining of implantable devices. Located in Lakeville, MN, Mendell’s expertise lies in intricate components with precise dimensional requirements and critical surface finish standards. The company utilizes state-of-the-art equipment including the latest technology to bring customers the best in Multi-Axis Swiss Turning, 5-Axis Mill Turning, Prototype Machining, and Advanced Inspection Equipment. Mendell supplies orthopedic OEMs with products such as plates, screws, cages, stems, and implants. For the cardiovascular and endovascular markets, Mendell manufactures products such as micro-cutters, micro-housings, and other micro-surgical components. In addition to these small scale, high-precision manufacturing capabilities, Mendell offers in-house finishing operations including laser marking, passivation, and anodizing, amongst others. Please visit (www.mendell.com) for more details about the company and its diverse portfolio of services.

About Frazier Healthcare Partners

Founded in 1991, Frazier Healthcare Partners is a leading provider of growth and venture capital to healthcare companies. Frazier has invested in more than 200 companies with investments ranging from company creation and venture capital to buyouts of profitable middle market companies. The firm’s Growth Buyout team invests in healthcare and pharmaceutical outsourced services, healthcare technology, provider practices, and other related sectors. The Life Sciences team invests primarily in novel therapeutics that are addressing unmet medical needs through innovation. Frazier has offices in Seattle, WA, and Menlo Park, CA, and invests broadly across the U.S., Canada, and Europe.

For more information about Frazier Healthcare Partners, please visit www.frazierhealthcare.com.

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