Suntron Corporation has been sold to Benchmark Electronics Inc.

Lincoln International announced that Suntron Corporation (“Suntron” or the “Company”), a portfolio company of HCI Equity Partners and Blum Capital Partners, has been sold to Benchmark Electronics Inc. (NYSE:BHE) (“Benchmark”).

Suntron is a complete electronics manufacturing services (EMS) and solutions provider focused on producing and supporting complex products for life & safety critical and mission critical applications as well as monitoring / productivity applications. The Company manufactures printed circuit boards (PCB), provides engineering support for prototypes and fast turn PCB assembly builds and has large structure / box assembly capabilities. This transaction provides Benchmark highly skilled personal and manufacturing facilities located in Phoenix, Arizona and Tijuana, Mexico.

Benchmark provides integrated manufacturing, design and engineering services to original equipment manufacturers of computers and related products for business enterprises, medical devices, industrial control equipment (which includes equipment for the aerospace and defense industry), testing and instrumentation products, and telecommunication equipment. Benchmark’s global operations include 21 facilities in nine countries. Benchmark’s Common Shares trade on the New York Stock Exchange under the symbol BHE.

Lincoln International acted as the exclusive financial advisor to Suntron, working closely with the company’s management team and ownership throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction. Doug McCormick, a Co-Founder and Managing Partner at HCI Equity Partners, commented, “Lincoln’s expert guidance and understanding of the EMS market was truly outstanding and critical in consummating this transaction.”

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