NEW YORK – EW Healthcare Partners has announced a platform investment in Enercon Technologies to become a majority shareholder in the business.

Founded in 1980, Enercon has grown under the leadership of its founders, Walter Hebold and Ronald Marcotte, and CEO Ryan Marcotte, into one of the leading contract design, engineering, and manufacturing businesses in the US, the two companies said in a release.

With particular expertise in product development and precision manufacturing for complex electronics, Enercon has attracted customers across the medical device, life sciences, and industrial/defense end markets. Enercon’s revenues have more than doubled since 2019, when the company’s new, state-of-the-art facility came online following $26 million of investment by the founders to significantly expand capacity to ~100,000 sq. ft. and support robust demand from customers.

"We are thrilled to partner with the Enercon team to help continue their history of impressive growth, while providing additional resources and investment to further expand upon their innovative offerings for existing and future customers," said Brooks Andrews, managing director at EW Healthcare Partners. "Feedback from the market was clear in our diligence – Enercon excels when it comes to engineering and manufacturing capabilities, quality, and reliably serving its customers’ needs – and we look forward to increasing the awareness of these core strengths in the years ahead."

"Enercon is excited to partner with EW Healthcare for the next stage of our company’s growth," said Marcotte. "EW enhances Enercon’s already strong financial and operational position by providing expertise in Enercon’s core end markets of Healthcare and MedTech. EW shares our vision of growing Enercon as a platform and they align with our values and culture that our employees are our most important asset. We are thrilled to have EW as our partner."

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