Betz-Tek

What Betz-Tek does

Betz-Tek is a privately held manufacturer's representative founded in 1989 by Fred Betz and headquartered in Inver Grove Heights, Minnesota. The firm operates as an outsourced regional sales channel for specialty manufacturers of precision components, serving original equipment manufacturers (OEMs) in the medical device industry. It does not manufacture product itself; instead it sells on behalf of its principals and is compensated via sales commissions on booked orders.

Betz-Tek's represented principal roster comprises six specialty suppliers: MediFluoro (fluoropolymer precision components), Hoop Medical (Ireland-based medical components), Surface Solutions Group (surface finishing and coatings), Precision Wire Technologies (wire components), St. Croix Machine Tool (machined components), and ArcRev (additional precision components). The portfolio is intentionally curated to give medical-device OEMs a single regional point of contact for multiple high-precision, often qualification-sensitive component categories.

Commercially, Betz-Tek pursues a focused regional go-to-market concentrated in the Upper Midwest, with named field coverage by Fred Betz and Emily Hubble. Customer engagement combines direct OEM relationship work with industry trade-show participation, including the MD&M Minneapolis 2023 event. The firm monetizes strictly on commission economics tied to its principals' invoiced sales, with no disclosed subscription, licensing, or service-fee revenue streams.

Name

Betz-Tek

Legal name

Betz-Tek Precision Component Solutions

Website

https://betz-tek.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

Betz-Tek is a Minnesota-based manufacturer's representative founded in 1989 that sells specialty precision components from six principals to medical-device OEMs across the Upper Midwest.

Ownership category

akta.pro rank

Headquarters

HQ city

Inver Grove Heights

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Custom Precision Component Sales: Betz-Tek generates revenue by representing multiple specialized manufacturers and selling custom precision components to the medical device industry. The company acts as a manufacturer's representative, facilitating sales of precision machining, laser cutting, medical coatings, heat shrink tubing, medical balloons, and fine wire products. Revenue is generated through direct sales of manufactured components, with quotes provided on a per-project basis.
2. Production Volume Manufacturing: Large-scale production capability with demonstrated capacity of 40,000+ units/month for heat shrink tubing products, supporting both R&D development and mass production requirements.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Betz-Tek is a manufacturer's representative firm that sells custom-engineered precision components to medical device manufacturers. Its offerings span heat shrink tubing, medical balloons, hydrophilic and antimicrobial coatings, drawn fine wire, precision machined components, and laser cut tubing, sourced from a curated set of specialized partner manufacturers and sold directly to OEM engineering and sourcing teams.

Product overview

Betz-Tek Precision Component Solutions operates as a multi-product portfolio company serving the medical device industry since 1989, representing six distinct manufacturing specialist brands under one umbrella. The portfolio includes heat shrink tubing (MediFluoro), laser cutting (ArcRev), medical balloons (Hoop Medical), medical device coatings (Surface Solutions Group), precision machining (St. Croix Machine Tool), and fine wire drawing (Precision Wire Technologies). Each brand operates as an independent specialized manufacturer while sharing Betz-Tek's distribution and customer service infrastructure, enabling customers to access custom precision components for medical device applications through a single representative relationship.

Differentiator

Problem solved

Functional benefit

Brands

• Betz-Tek: Precision Component Solutions for the medical device industry

Products and services

• Heat Shrink Tubing
• Medical Balloons
• Hydrophilic and Antimicrobial Coatings
• Fine Wire
• Precision Machined Components
• Laser Cut Tubing

Quantifiable outcome

• Over 30 years of medical device industry experience since 1989
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• MediFluorocoreChannel Partner/ Reseller/ DistributorMediFluoro provides the highest quality FEP Heat Shrink Tubing to the medical device industry. Capabilities include Daikin NEOFLON FEP material, 1.3:1 and 1.6:1 shrink ratios, EID range 0.04 to 1.0 inches, supporting R&D through large production volumes (40,000+ units/month). Also provides PTFE (Etched) and PET heat shrink tubing with 24-hour quote turnaround.
• Hoop MedicalcoreChannel Partner/ Reseller/ DistributorHoop Medical manufactures custom medical balloons of any shape using medical grade materials including PET, PEBAX, Nylon, PolyUrethane PU, and TPU. Offers non-compliant, compliant, and ultra-compliant balloon options with quick turn for R&D. Located in Wexford, Ireland.
• Surface Solutions GroupcoreChannel Partner/ Reseller/ DistributorSurface Solutions Group (SSG) provides coating technologies for medical devices including guidewires, hypotubes, catheters, and electrosurgical blades. Offers more than a dozen families of proven coatings branded as the 'Designers Dozen,' including FluoroMed PTFE, FluoroWire, VisiMark, Slick Sil, AquaGlide, PlastiGlide, ElectroBond, VisiBond, and FluoroGlass coatings.
• Precision Wire TechnologiescoreChannel Partner/ Reseller/ DistributorPrecision Wire Technologies provides fine wire drawing and resistance wire manufacturing with ISO 9001 certification. Capabilities include fine to ultrafine wire from 0.009 to 0.1 inches, straight wire, cut wire, flat wire, drawing, annealing, custom packaging/spooling, resistance wire, and braiding wire. Materials include Brass, Bronze, Iron Chrome Aluminum, Monel, Nickel/Nickel, Inconel/Nickel Iron, and Stainless Steel.
• St. Croix Machine ToolcoreChannel Partner/ Reseller/ DistributorSt. Croix Machine Tool provides full-service custom precision machining with multiple Swiss CNC turning centers, 4 and 5 axis vertical and horizontal milling centers, programmable CMM with 41-27 inch travel, and wire EDM capabilities. Materials include Stainless Steel, Titanium, Tool Steel, Tungsten, Teflon, Aluminum, Polymers and exotics. Uses SolidWorks, MasterCam, and Cadkey software. Provides daily pick-up and delivery in Twin Cities.
• ArcRevcoreChannel Partner/ Reseller/ DistributorArcRev provides laser cutting services for high volume production medical parts while supporting R&D and innovation. Capabilities include quotes in hours and parts in days, R&D and production services, all alloys and some polymers, flat sheet cutting, laser texturing, and stock hypo-tube program. Committed to accelerating innovation in medical device manufacturing.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Avalign Technologies: Avalign (a portfolio company of Integer) is a larger medical device contract manufacturer offering precision machining, coatings, and instruments. Comparable in product scope (coatings, precision components) but at significantly larger scale than Betz-Tek.
• Teleflex Medical OEM: Teleflex Medical OEM supplies precision extrusions, coatings, and finished medical devices. Broad incumbent with overlapping capabilities in heat shrink tubing, coatings, and precision components comparable to Betz-Tek's represented portfolio.
• Integer Holdings: Integer Holdings is one of the largest medical device outsource manufacturers globally, offering components and assemblies for cardiology, neuromodulation, and other medical markets. Broad incumbent comparable to Betz-Tek across multiple component categories.
• Viant Medical: Viant Medical is a major medical device contract manufacturer with broad capabilities in precision components, coatings, and finished device assembly. Broad incumbent serving similar medical OEM customers at significantly larger scale.

Direct peers

• Biocoat: Biocoat develops and manufactures hydrophilic and other specialty coatings for medical devices, including guidewires and catheters. Directly comparable to Betz-Tek's represented Surface Solutions Group medical coatings portfolio.
• Donatelle: Donatelle is a Midwest US-based medical device contract manufacturer specializing in precision components, molding, and assembly. Comparable to Betz-Tek's regional Midwest footprint and precision component offering for medical OEMs.
• Tegra Medical: Tegra Medical is a precision medical device contract manufacturer offering machining, injection molding, and assembly for medical OEMs. Directly comparable to Betz-Tek's represented machining and component capabilities serving the same medical device customer base.
• Harland Medical Systems: Harland Medical Systems provides medical device surface treatments and hydrophilic coatings for catheters and guidewires. Directly comparable niche player to Betz-Tek's represented Surface Solutions Group coating applications.
• Interface Catheter Solutions: Interface Catheter Solutions manufactures custom medical balloons and catheter components using materials such as PET, Nylon, and Pebax. Directly comparable to Betz-Tek's represented Hoop Medical balloon manufacturing capabilities.
• Precision Edge Surgical: Precision Edge Surgical specializes in precision CNC machining for medical devices and surgical instruments. Directly comparable to Betz-Tek's represented St. Croix Machine Tool precision machining capabilities serving medical OEMs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/betztek
• Facebookfacebook.com/profile.php

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Betz-Tek