The Gores Group, a leading, Los Angeles-based investment firm, and Technology4Medicine, LLC, announced they have closed on the acquisition of Fotona d.d., a Ljubljana, Slovenia-based manufacturer of high performance lasers for medical, dental, aesthetic and gynecological applications.
The Gores Group invested through its Small Capitalization Partners investment fund. Jeffrey W. Jones, President of Technology4Medicine, will assume the role of CEO of the combined business.
‘We are extremely pleased to have completed this acquisition, which we believe will position Fotona well for continued growth and success,’ said Dr. Matjaž Lukač, CEO of Fotona d.d. ‘Fotona will continue to produce innovative, market-leading products which will serve the needs of our customers. This partnership will benefit all of Fotona’s stakeholders, including our employees.’
Jeffrey W. Jones, CEO, added: ‘The new Fotona is excited to offer our customers and dealers around the world premier laser technology for medical, dental and aesthetic applications. With the formation of the partnership between Fotona, Technology4Medicine and The Gores Group, Fotona will be stronger and have more resources to access the global market.’