APCT Completes the Acquisition and Merger with Advanced Circuits

Reading time ( words)

APCT, a designer and custom manufacturer of advanced technology printed circuit boards, has completed the previously announced acquisition and merger with Advanced Circuits, Inc. and its affiliated entities and subsidiaries. APCT, headquartered in Santa Clara, California, is a portfolio company of Industrial Growth Partners.

Advanced Circuits is a software-enabled designer and manufacturer of small-run, quick-turn and low-volume production printed circuit boards, including multi-layer rigid and high-density interconnect (HDI) products. ACI operates from facilities in Colorado, Minnesota, and Arizona.

“We are thrilled to partner with Advanced Circuits. Through this merger, we will be able to serve our combined customer base across multi-layer rigid, HDI, flex, rigid-flex and specialty product categories for all quick-turn, low-volume and high-volume program needs. Further, ACI will bring several commercial and operational software solutions to enhance our customer experience. I am excited to welcome each member of the Advanced Circuits team to the APCT family,” commented Steve Robinson, CEO of APC

Acquisition Details:

• On January 10, 2023, APCT entered into a definitive agreement to acquire and merge with ACI.
• On February 14, 2023, APCT completed the acquisition and merger with ACI. Following the merger, ACI now operates as a wholly owned subsidiary of APCT. 

APCT and IGP continue to seek add-on acquisitions that can enhance APCT’s position as a designer and custom manufacturer of advanced technology printed circuit boards.

05/23/2023 | Barry Matties and Nolan Johnson, I-Connect007

Every industry has a beginning, and we are lucky to have Rex Rozario here to share the story of how the printed circuit board industry got its start. I-Connect007 chatted with Rex recently about how he became involved with circuit board inventor Dr. Paul Eisler.

05/19/2023 | Nolan Johnson, I-Connect007

This week, our must-reads include reporting on the new PCB support legislation, now submitted to the U.S. House of Representatives; financial results from two Tier 1 manufacturers, which readers read quite thoroughly; ESG in Asia Pacific; new features from Altium; global sourcing; and a “How I got here” interview with an up and coming industry expert.

04/05/2023 | Nolan Johnson, I-Connect007

Hot on the heels of the news that U.S. President Biden signed a presidential determination in support of the printed circuit board industry, I-Connect007’s Nolan Johnson spoke with David Schild, executive director of the Printed Circuit Board Association of America, about some of the expected implications. David points out, among other things, that this signals increased momentum with government and defense to support U.S.-based printed circuit manufacturing, and the possibility that a renewed interest in the industry by private financing could possibly follow.