03/03/2026 | Press release | Archived content
March 3, 2026 -CriticalPoint is pleased to announce that it served as the exclusive financial advisor to Pacific Lasertec, LLC ("Pacific Lasertec", "PLT", or the "Company"), a portfolio company of Pfingsten Partners, LLC ("Pfingsten"), on its acquisition of Diode Laser Concepts, Inc. ("DLC"). This represents Pacific Lasertec's first strategic acquisition under Pfingsten's ownership.
Headquartered in San Marcos, Calif., PLT manufactures specialty lasers and related power supplies. The Company's products support critical applications across test & measurement, semiconductor metrology, advanced manufacturing, and life sciences sectors.
Founded in Medford, Ore., DLC designs and manufactures custom turnkey laser modules and systems serving analytical instrumentation, medical, industrial, and defense end markets.
"DLC is a trusted engineering partner to its customers, with a strong track record of delivering complex, innovative solutions for high-performance applications," said Blake Fennell, CEO of Pacific Lasertec. "This partnership expands our product portfolio and strengthens our engineering capabilities, positioning us to deliver enhanced value to our customers."
"The acquisition of DLC adds differentiated technology to the platform and meaningfully expands PLT's addressable market," said Phil Bronsteatter, Managing Director at Pfingsten. "DLC's deep engineering expertise and customer-driven approach enhance PLT's technical capabilities and support the development of broader, more integrated solutions across an expanded range of applications."
CriticalPoint served as financial advisor to PLT throughout the transaction. Commenting on the engagement, Andrea Farnan, Vice President at Pfingsten, stated, "CriticalPoint was a strong partner in support of our recent add-on acquisition. Their team demonstrated disciplined target identification, clear communication, and consistent alignment with our investment criteria throughout the process. We appreciated their thoughtful approach and would welcome the opportunity to work together again in the future."
For more information about CriticalPoint or questions regarding this transaction, please contact:
John Castro
Senior Associate
Direct: (424) 567-6190
[email protected]
Ryan Buck
Associate
Direct: (424) 499-8830
[email protected]
Joe Onwuegbusi
Managing Director
Direct: (424) 567-6182
[email protected]
About Pacific Lasertec
Pacific Lasertec is a manufacturer of specialty lasers and related power supplies serving medical diagnostics, semiconductor, scientific research and development, advanced manufacturing, and life sciences markets. The Company is headquartered in San Marcos, Calif., with additional manufacturing facilities in Colorado Springs, Colo., and Medford, Ore. For more information, visit pacificlasertec.com.
About Pfingsten
Pfingsten is an operationally focused private equity firm founded in 1989. From its headquarters in Chicago, the firm builds better businesses through operational improvements, professional management practices, global capabilities and profitable business growth. Since completing its first investment in 1991, Pfingsten has raised six investment funds with total commitments of approximately $1.8 billion and has acquired 177 manufacturing, distribution and business services companies. For more information, visit pfingsten.com.
About CriticalPoint
CriticalPoint provides tailored financial solutions through a trusted platform, combining the best of Investment Banking and Private Capital. Backed by decades of diverse transaction experience, the CriticalPoint team delivers the insights clients and stakeholders need to achieve superior outcomes. Founded in 2012 by senior M&A professionals with a passion for deal-making, CriticalPoint stands out for its deep expertise in Investment Banking-including mergers and acquisitions, capital markets, deal sourcing, special situations, and valuation advisory-as well as in Private Capital investing, with a focus on corporate divestitures and special situations. When business owners, management teams, private equity firms, and corporate sellers reach a defining moment across a range of industries, they rely on CriticalPoint's proven expertise. For more information, visit criticalpoint.com.
Messrs. Castro, Buck, and Onwuegbusi are Registered Representatives of, and Securities Products are offered through CriticalPoint Partners, LLC, Member FINRA SIPC. Any testimonial or endorsement may not be representative of the experience of other clients and is no guarantee of future performance or success.