VIRTEX Enterprises (Insight Equity) Acquires Precision Technology, Inc.
December 18, 2019
VIRTEX Enterprises, an electronic manufacturing services (EMS) company backed by Insight Equity, acquired a majority of the assets of Precision Technology, Inc. (PTI), a single-facility EMS provider in Plano, Texas. The add-on expands VIRTEX's NPI, ultra-low-volume and flex/rigid-flex assembly capabilities and strengthens its presence in the Texas aerospace and defense corridor.
- Buyers
- VIRTEX Enterprises, Insight Equity Holdings LLC
- Targets
- Precision Technology, Inc.
- Platforms
- VIRTEX Enterprises
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Addon
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