Vance Street-backed Wytech Industries completed the acquisition of Mountain Manufacturing Technologies for $70m.

Vance Street-backed Wytech Industries, a manufacturer of components for the medical device industry, completed the acquisition of Mountain Manufacturing Technologies, a provider of research and development-driven contract manufacturing services, for $70m. “As we searched for partners that could complement Wytech’s position of high volume dead straight mandrels to the interventional market, we became very excited as learned the depth of Mountain Manufacturing’s mandrel expertise. From every aspect, Mountain’s position as a specialty mandrel supplier for large diameter, hollow core, grooved mandrels, and specialty metals is a perfect fit to Wytech’s scale and volume,” Mike Janish, Vance Street Managing Partner.