IGP has acquired APCT, Inc. from Angeles Equity Partners, LLC

Headquartered in Santa Clara, California, APCT is a designer and manufacturer of low-volume, high-mix, advanced technology-printed circuit boards, including multi-layer rigid, high density interconnect, rigid-flex and flexible circuits. The company specializes in quick-turn, prototype and low-volume production manufacturing for critical applications within the aerospace and defense, medical, data center and other industrials end markets. The products manufactured by APCT are commonly sole-sourced and serve applications that require North America-based manufacturing due to the low-volume, high-mix nature of the orders; short lead time; and sensitive security or intellectual property considerations. APCT is a customer centric business, differentiated through its technical expertise, consultative engineering approach, manufacturing capabilities, reputation for quality and broad product offering of complex, advanced technologies.

Lincoln acted as the investment banking advisor to IGP.

About Industrial Growth Partners
IGP, founded in 1997, is a San Francisco, California-based, specialist private investment partnership with $2.2 billion of equity capital raised since inception. The firm invests exclusively in middle market companies in the industrial sector in partnership with management teams. Learn more at www.igpequity.com

About APCT
Founded in 1977, APCT enables superior execution of advanced circuit board designs through its manufacturability engineering; exceptional prototype turnaround times; global program management; and passionate, committed people, who earn customers’ trust daily. Domestic manufacturing is located in Silicon Valley, California, Southern California and Connecticut, with strategic global production partners in China, Japan, Taiwan and Vietnam. APCT is committed to total customer satisfaction through quality leadership and continuous process improvement. At the heart of APCT’s success is its willingness to find solutions for customers. APCT constantly looks for innovative technological advances to improve its lead times, enhance its detailed engineering support and enrich its global program management for mass production runs outside the United States. Learn more at www.apct.com.

About Angeles Equity Partners
Angeles Equity Partners is a private equity firm that invests in companies across a wide range of industrials sectors and specifically targets businesses which it believes can directly benefit from the firm’s strategic, operational, and mergers and acquisitions capabilities. The Angeles Equity Partners skill set drives the firm’s investment philosophy and, in its view, can help businesses reach their full potential. Learn more at www.angelesequity.com.

Industrial Growth Partners APCT Angeles Equity Partners 2021
  • 2021
    Close Year
  • Technology, Media & Telecom
  • Private Equity
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA

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