Ampersand Capital Partners made an investment in Sterling Medical Devices, a Moonachie, New Jersey-based provider of design, development and regulatory services to the medical device industry.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Led by Dan Sterling, President and CEO, Sterling Medical Devices is a provider of custom electromechanical and software solutions for the medical device industry. The company’s extensive and diverse experience in product development has helped healthcare companies bring their medical device software and hardware, electromechanical equipment, and mobile medical device apps to market. Sterling addresses the entire development process including systems, software, electronics, mechanical, quality, compliance, and regulatory affairs.