Medical device design startup Switchback Medical has bought Kiefer Manufacturing, a five-person medical device manufacturing operation in Howard Lake, Minn.
Financial terms of the deal, announced yesterday, were not disclosed.
Founded in 2016, Kiefer Manufacturing specializes in making minimally invasive medical devices in the men’s and women’s health markets.
“The acquisition will enhance Switchback Medical’s overall approach to medical device design by giving us instant manufacturing capabilities,”Brady Hatcher, Switchback Medical’s co-founder and principal, said in a news release.
Daryl Kiefer of Kiefer Manufacturing said that partnering with Switchback enables Kiefer’s customers to have a more tailored experience from concept and design through the final product.
Switchback itself recently opened in a15,000-square-foot space in Maple Grove, Minn. The company’s facility has office and tech space for up to100 employees, an ISO Class 8 controlled-environment clean room, R&D and test labs, a machine shop, and multiple spaces for client and employee meetings.