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Tuesday, Mar 28, 2023

Equity Firm Buys Out Laser Manufacturer

QPC Lasers Corp. has been acquired by a New York-based private equity firm. DMC Capital Funding will change the company’s name to Laser Operations LCC and continue to serve the medical, industrial, defense and consumer display markets developed by Sylmar-based QPC. QPC developed its own technology to manufacturer semiconductor-based lasers that are smaller, brighter and use less power than gas or solid-state lasers. Last year, QPC raised $2 million in new financing for an expansion of its manufacturing facilities in Sylmar. The company needed more space to meet increased production requirements as it competes in the high volume markets such as consumer electronics. Mark R. Madler

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