Press Release: Headwaters MB Advised GSI Group of its sale of Continuum to Amplitude Group
LIGHTNING RELEASES – Denver, CO – July 28, 2014 – Headwaters announced today that it advised GSI Group, Inc., a Bedford, MA-based global supplier of precision photonic components and subsystems, on the sale of its San Jose, CA-based subsidiary Continuum Electro Optics, Inc. to Amplitude Group, an Evry, France-based designer and manufacturer of high performance laser systems (Amplitude Technologies and Amplitude Systems).
Grant Garbers, Managing Director in Headwaters MB’s Industrial Technology practice, stated, “For over 35 years, Continuum has been a global leader in high energy laser systems primarily for the scientific and research markets. Their strong brand and deep domain expertise were desirable to Amplitude.”
Industrial Technology Managing Director Peter Nam continued, “Continuum will provide Amplitude a strategic and complementary suite of products while offering access to new markets and technology.”
Continuum was founded in 1975 and offers high-energy, solid-state lasers and ultrafast lasers used in scientific, industrial and commercial applications such as spectroscopy, materials analysis and diagnostics.
About Headwaters MB
Headwaters MB is an independent, middle-market investment banking firm providing strategic merger and acquisitions, corporate finance services and merchant banking through proprietary sources of capital. Headwaters is headquartered in Denver, CO, with 6 regional offices across the United States and partnerships with 16 firms covering 25 countries. For more information, visit http://www.headwatersmb.com/ and keep up with us on Twitter at http://twitter.com/brendanburke.
About GSI Group
GSI Group Inc. is a leading supplier of precision photonic and motion control components and sub-systems to Original Equipment Manufacturers that produce systems and products for medical and advanced industrial applications. GSI Group Inc.’s common shares are listed on NASDAQ (GSIG). For more information, please visit http://www.gsig.com/.
About Amplitude Group
Amplitude Group’s (Amplitude Technologies & Amplitude Systemes) mission is to produce robust and reliable ultra-intense femtosecond systems with the best performances, from the point of view of pulse duration, temporal contrast, and spatial beam quality. Our engagement in performances continues after the delivery and our collaboration with the customer guarantees laser specification over the whole life-span of the laser. For more information, please visit http://www.amplitude-technologies.com.
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