ICAPE Group Acquires NTW Group

ICAPE Group Acquires MON PRINT

August 29, 2022

Manufacturing

ICAPE Holding (ICAPE Group) has acquired 100% of MON PRINT, a Danish supplier of printed circuit board (PCB) solutions founded in 1965. The acquisition (purchase price €0.7 million) expands ICAPE’s presence in Denmark and Northern Europe and will integrate MON PRINT into the ICAPE Group platform to broaden services and geographic proximity to industrial customers.

ICAPE Group Acquires Operating Assets of PCB Solutions, Ustek Incorporated and Nujay Technologies

October 1, 2023

Manufacturing

ICAPE Group has acquired the operating assets of three U.S.-based PCB-trading companies — PCB Solutions, Ustek Incorporated and Nujay Technologies Inc. The asset purchases (100% cash) add over 180 North American customers across medical, automotive and other industrial end markets and will be integrated into ICAPE USA and CIPEM USA to strengthen the Group’s U.S. footprint and local distribution channels.

ICAPE Group Acquires ALR Services Ltd.

December 18, 2024

Manufacturing

The ICAPE Group has acquired 100% of ALR Services Ltd., a UK-based printed circuit board (PCB) distributor. The acquisition gives ICAPE a direct footprint in the United Kingdom, adds a portfolio of ~300 EMS and OEM customers and expected 2024 revenue of ~£2.5m; the deal was financed in cash and will be consolidated from January 1, 2025.

ICAPE Group Acquires LUSODABEL

January 1, 2022

Manufacturing

ICAPE Group has acquired 100% of LUSODABEL, a Portuguese supplier of prototype, pre-series and series printed circuit boards, strengthening ICAPE's presence in the Iberian Peninsula. LUSODABEL — founded in 1996 and reporting 2021 net sales of over €6.1 million and an EBIT of about €1.2 million — will operate as ICAPE Lusodabel with its seven employees supporting ICAPE Ibérica.

NPM Capital Takes Minority Stake in NTS Group

February 14, 2025

Manufacturing

NPM Capital is acquiring a minority stake in NTS Group to support the Eindhoven-based supplier of complex (opto)mechatronic systems in accelerating its international growth and expanding production capacity across Europe, Asia and North America. The deal, which will help NTS scale for semiconductor and analytical OEM customers, is subject to regulatory approval and is expected to close in the first half of 2025.

Industrial Growth Partners Acquires APCT from Angeles Equity Partners

October 6, 2021

Manufacturing

Industrial Growth Partners V, L.P., in partnership with APCT management and certain outside investors, acquired APCT, a Santa Clara-based manufacturer of quick-turn, low-volume advanced printed circuit boards, from Angeles Equity Partners. The acquisition (closed October 2021) creates a platform to accelerate APCT's growth and expand its manufacturing and program-management capabilities across aerospace & defense, medical and industrial end markets; financial terms were not disclosed.