Friday, January 31, 2014

The Gores Group Buys Slovenian Laser Maker

Los Angeles-based private equity investor The Gores Group has acquired a maker of high performance lasers for the medical, dental, and aesthetic medicine market, the company said Thursday. According to The Gores Group, it is buying a controlling interest in Fotona d.d., based in Ljubljana, Slovenia, via its Small Capitalization Partners investment fund. Financial terms of the acquisition were not announced. The Gores Group said it is making the purchase along with Technology4Medicine.