Aterian Investment Partners-backed Vander-Bend to acquire Swiss Precision Machining.

Aterian Investment Partners-backed Vander-Bend, a provider of manufacturing solutions, agreed to acquire Swiss Precision Machining, a manufacturer of components, assembles and accessories utilized in the robotic surgery and other technology end markets. Financial terms were not disclosed. "SPM has a longstanding history of providing exceptional products to market leading customers, and its expertise in specialized instrument manufacturing will complement Vander-bend's existing prototyping to full scale med-tech and high-tech focused production capabilities. Through the acquisition of SPM, Vander-Bend will also expand its medical commercial relationships, allowing us to better serve our broader industry and continue our growth trajectory," Greg Biggs, Vander-Bend Chief Executive Officer.