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DMC Capital leads acquisition of laser business

Private equity firm DMC Capital Funding has made the lead investment in an ownership group which has acquired all the assets of Quintessence Photonics, the operating subsidiary of QPC L

Private equity firm DMC Capital Funding has made the lead investment in an ownership group which has acquired all the assets of Quintessence Photonics, the operating subsidiary of QPC Lasers.

QPC Lasers is the California maker of high power laser diodes.

The new company, Laser Operations, will support the customer base acquired from Quintessence and pursue new high growth opportunities in medical, industrial, defence and consumer display markets.

DMC Capital Funding has made the investment through its wholly owned subsidiary DMC Scientific.

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