Capital Partners makes control investment in MicroCare
MicroCare, which offers a variety of fiber cleaning and care products under the MicroCare, Sticklers, and MicroCare Medical brands, says that Capital Partners has closed a control investment in the company in partnership with MicroCare’s co-founder and senior management. The amount of that investment was not disclosed.
Tom Tattersall, a former MicroCare COO, will become CEO. The company will continue to do business via its existing brands.
“We closed this investment in the midst of the COVID-19 crisis as the company has proven to be a strong, recession-resistant essential business, which should benefit from a growing global focus on cleanliness and increasing importance on telecom infrastructure,” said Sarah Paquet, vice president at Capital Partners.
“The sale of MicroCare was a very lengthy process to ensure we found the right fit for our company, our employees and our customers. We are pleased that Capital Partners recognizes the strengths of the MicroCare business as well as its future potential,” said Tattersall.
“With Capital Partners ongoing support, we are well-positioned to continue our sustainable, profitable growth,” he continued. “With further investments in product development, technology, and distribution infrastructure, we remain committed to delivering a broad range of critical cleaning solutions and the value-added technical expertise and lab-support our distributors and end-users have come to expect from us.”
Founded in 1983, MicroCare serves the electronics, medical, and metal finishing industries as well as offering cleaning products for fibers use in communications infrastructures (see "MicroCare offers keyless Sticklers MPO CleanClicker for data center fiber cable" and "Openreach approves Sticklers fiber-optic cleaners for UK FTTP deployments" as examples of its fiber-optic communications activities). It operates an R&D lab colocated with its headquarters in New Britain, CT. The company has two manufacturing facilities in New Britain, CT and a global logistics center in Rocky Hill, CT, in addition to facilities in the UK, Belgium, and Singapore.
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Stephen Hardy | Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
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