Spectrum launched under its current name in 2017 after former owner Kohlberg & Co. merged Pexco with PPC Industries. New York City-based AEA Investors purchased Spectrum the following year.
“Spectrum is a best-in-class company for the development and advanced manufacturing of specialty medical devices and components,” AEA Investors Partner Rahul Goyal said. “Through investments in the commercial and engineering organizations and expansion of its manufacturing operations, Spectrum has enhanced its capabilities and offerings in medical end markets and achieved significant growth and increased profitability.”