-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
Getting to Know Your Designer
In this issue, we examine how fabs work with their design customers, educating them on the critical elements of fabrication needed to be successful, as well as the many tradeoffs involved. How well do you really know your customer? What makes for a closer, more synchronized working relationship?
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
Summit Interconnect Among HCI Equity Partners’ Portfolio Companies Named to 2021 Inc. 5000 List
August 20, 2021 | PRNewswireEstimated reading time: 1 minute
HCI Equity Partners, a leading lower-middle-market private equity firm, announced that four of their portfolio companies have been featured on Inc. 5000's 2021 list of fastest-growing companies. The recognized platforms include MSI Express. Inc, Summit Interconnect, AmerCareRoyal, LLC, and WF Cabinetry. Inc. 5000 is the most prestigious ranking of the fastest-growing private companies in North America posting average median growth for the three years ending 2020 of 543%. Together, those companies also added more than 610,000 jobs over the past three years.
Summit Interconnect is a leading manufacturer of high technology printed circuit boards predominantly serving the defense, high reliability, and prototyping markets. Summit's revenue and employment grew 229% and 173% respectively from 2017 to 2020 through a combination of acquisitions and organic growth.
"We are thrilled that 25% of HCI's platforms have been recognized by Inc. for achieving these spectacular growth metrics," stated Doug McCormick, Managing Partner of HCI Equity Partners. "These results validate not only the hard work and dedication of the leaders and employees of these companies, but also the effectiveness and consistency of HCI's partnership model, deep engagement and proven approach to effectively employing M&A as an attractive growth strategy."
Dan Dickinson, Managing Partner, commented, "HCI is honored to partner with the founders of these four companies and the rest of our portfolio to support them in their rapid growth through both acquisitions and organic investments. HCI is committed to adding value not only by building bigger businesses, but also better, more capable organizations."
Suggested Items
Punching Out: Acquiring a PCB/EMS Shop: Brownfield vs. Greenfield
03/27/2024 | Tom Kastner -- Column: Punching Out!We often get asked about establishing a new company (greenfield) rather than buying an existing PCB or EMS shop (brownfield). There are many criteria to consider. Many buyers want to grow through M&A, but they cannot find acquisition targets that fit their criteria. Perhaps they can find the right shop, or at least one that fits five out of 10 criteria, but they encounter obstacles, such as owners who do not want to sell, price expectations that are too high, or negotiations that are too difficult. Despite the interest in building new facilities, since 2000, few companies have gone the greenfield route. Here is a look at the pros and cons of buying vs. building.
Ventec to Launch New Bondply Dielectrics and Value-Added Services at IPC APEX EXPO 2024
03/26/2024 | Ventec International GroupVentec International Group is to reveal new products for advanced signal integrity and thermal performance, and introduce services, during IPC APEX EXPO 2024, April 9-11 on booth # 4309.
North American PCB Industry Sales Down 11.6% in February
03/25/2024 | IPCIPC announced today the February 2024 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.07.
Benmayor to Exhibit Technosystem Automation at IPC APEX EXPO 2024
03/25/2024 | BenmayorBenmayor will exhibit Technosystem Automation at the IPC APEX EXPO 2024, a world-class trade show and cutting-edge technical conference in Anaheim, California, April 6-11, in booth 4432 at Burkle North America (Schmoll).
Altair SimSolid Transforms Simulation for Electronics Industry
03/22/2024 | AltairAltair, a global leader in computational intelligence, announced the upcoming release of Altair SimSolid for electronics, bringing game-changing fast, easy, and precise multi-physics scenario exploration for electronics, from chips, PCBs, and ICs to full system design.