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Symmetry Laser Expands Its Capabilities through Acquisition of ArcRev

In a significant move within the precision laser cutting industry, Symmetry Laser has successfully acquired ArcRev, a company noted for its exceptional laser cutting technologies and commitment to lean manufacturing practices. This acquisition aims to bolster Symmetry Laser's position as a key player serving the medical device sector.

Enhancing Capabilities and Customer Support

The integration of ArcRev into Symmetry Laser is set to enhance customer support by covering the entire product lifecycle—from rapid prototyping to high-volume production. By combining resources, both companies promise to achieve improved technical abilities, operational scale, and overall manufacturing capacity.

According to Nick Zanobini, Symmetry Laser's CEO, this acquisition is a strategic step towards realizing the company’s long-term vision: to become the most trusted and capable precision manufacturing partner for the medical device industry. He stated, _“By incorporating ArcRev into Symmetry Laser, we’re expanding the platform, talent, and capabilities needed to help our customers innovate faster and scale with confidence.”_

Complementary Technologies and Talents

ArcRev is acclaimed for its technical prowess in the realm of laser cutting. The merger assures a melding of advanced technologies and experienced talent that align perfectly with Symmetry Laser's operational standards. Their collaboration is expected to significantly boost support for intricate medical device components, with accelerated prototype development timelines of three to five days. Moreover, they will maintain stringent tolerances and ensure quality consistency even during large-scale production runs.

Jay Vinson, Symmetry Laser's Chief Commercial Officer, emphasized that this merger enriches their existing infrastructure with valuable capacity and expertise that will directly benefit their clientele. He remarked, _“The combination enhances our ability to respond quickly, execute consistently, and support growth across customer programs.”_

Seamless Integration for Continued Excellence

Operations at ArcRev will remain uninterrupted post-acquisition, with employees transitioning smoothly into the wider Symmetry Laser organization. This seamless integration is crucial as it ensures continued service excellence and encourages a shared culture of innovation and best practices.

Reflecting on the partnership, Darren Doud, the CEO of ArcRev, stated, _“Symmetry Laser’s ability to scale seamlessly from rapid prototyping to high-volume manufacturing made this a strong fit. We share the same commitment to lean execution, technical rigor, and customer focus.”_

Despite the excitement surrounding the acquisition, the financial specifics of this transaction were kept private. However, Covington Partners served as the financial advisor during the negotiation process.

About Symmetry Laser

Symmetry Laser specializes in providing precision laser cutting solutions catered specifically to leading manufacturers in the medical device industry. The company prides itself on leveraging cutting-edge laser processing technology, lean manufacturing principles, and robust quality assurance systems to deliver high-quality results consistently throughout the entire development and manufacturing lifecycle. To learn more, visit Symmetry Laser’s official website.

This acquisition signifies a transformative leap for Symmetry Laser, enhancing its capabilities to support evolving customer needs and fostering a more innovative and efficient manufacturing landscape.