Fort Collins Medical Device Manufacturer Injectech Acquired by Private Equity Firm
Los Angeles-based private equity firm Vance Street Capital has acquired Fort Collins medical device manufacturer Injectech, forming a multi-company precision molding platform serving the healthcare and life sciences sectors.
The acquisition consolidates Injectech with two other manufacturers under the newly formed VSC Medical Molding platform. Financial terms of the transaction were not disclosed in the November 19 announcement.
Founded in 1998 and headquartered at 307 North Link Lane in Fort Collins, Injectech manufactures precision plastic components for medical devices, life science equipment and bioprocessing systems. The company specializes in fluid management products including luer lock connectors, check valves, tube connectors and custom assemblies used in IV systems, diagnostic equipment and biopharmaceutical manufacturing.
"We are excited about the next chapter of growth and our partnership with VSC Medical Molding and Vance Street," said Jeff Wicks, chief executive officer of Injectech. "This combination will accelerate Injectech's growth and product innovation, further enhancing our ability to meet the evolving needs of our customers."
Platform Consolidation Strategy
The VSC Medical Molding platform now comprises three companies: Scottsdale-based Plastic Design Company, acquired in 2021; Resenex, acquired in 2024; and Injectech. Together, the companies provide injection molding, cleanroom assembly and fluid management components to medical device manufacturers and bioprocessing companies.
Injectech and Resenex will form the platform's fluid management division, expanding the product portfolio and custom component capabilities available to customers in medical, life science and bioprocessing markets.
"By combining VSC Medical Molding's precision molding and in-house tooling capabilities with Injectech's extensive component portfolio of custom and standard fluid management solutions, we are expanding our ability to deliver specialized solutions for our customers across critical medical, life science and bioprocessing applications," said Jeff Kyle, chief executive officer of VSC Medical Molding.
Injectech started as a part-time venture operating from a rented garage with two molding machines in 1998, according to company records. The founding team included Dave Splett and Larry Knipple, who brought experience from custom molding operations and medical device supply chains.
The company manufactures components under ISO-certified quality systems and cleanroom conditions to meet regulatory requirements for healthcare and pharmaceutical applications. Products include male and female luer locks for secure tubing connections, check valves that prevent backflow in IV lines, and needle-free access ports that minimize infection risks when accessing closed fluid systems.
Medical Manufacturing Sector in Northern Colorado
The acquisition marks Vance Street Capital's third transaction in the medical and life science manufacturing sector during 2025, following purchases of Zenith Adhesive Component and MRPC earlier in the year.
Medical device and life science manufacturing represents a significant component of Fort Collins and Northern Colorado's economy. The region hosts a cluster of cleanroom and precision manufacturing companies supporting both international medical device leaders and local bioscience startups.
"Injectech strengthens our VSC Medical Molding platform with deep expertise in precision fluid management and a culture of innovation," said Steve Sandbo, partner at Vance Street Capital. "Together, we will continue building a leading precision molding and fluid management platform serving the medical device, life science and bioprocessing industries."
The press release did not address employment impacts or changes to Injectech's Fort Collins operations. Vance Street Capital focuses on middle-market companies in the medical, industrial technology and aerospace sectors, working with management teams to accelerate revenue growth and acquire complementary businesses.
The consolidation creates one of Colorado's largest dedicated precision medical plastics suppliers, though Northern Colorado maintains several mid-sized precision molding manufacturers serving medical-grade, ISO-certified cleanroom production markets. The West Group, Injectech's previous owner, sold the company as part of the transaction.
Vance Street Capital maintains its headquarters in Scottsdale, Arizona, and focuses investments on highly engineered solutions businesses. The firm's portfolio companies serve medical device manufacturers, aerospace contractors and industrial technology markets.