Patton Electronics Acquires Practical Technologies Inc.

Incap Corporation Acquires Pennatronics Inc.

July 5, 2023

Manufacturing

Incap Corporation has agreed to acquire 100% of Pennatronics Inc., a Pennsylvania-based electronics manufacturing services (EMS) provider, effective July 2023. The acquisition establishes Incap's first U.S. factory, expands its geographic footprint, and is expected to generate cross-selling opportunities and synergies across purchasing and customer offerings.

Technology Service Corporation Acquires Praxis Products

November 2, 2021

Aerospace & Defense

Technology Service Corporation (TSC), an employee‑owned high-technology engineering company, has acquired Praxis Products, a provider of SIGINT and wireless solutions (FASTRAK) for defense and law enforcement customers. The acquisition expands TSC’s mission-critical hardware and software capabilities for federal and international customers; Chesapeake Corporate Advisors acted as exclusive financial advisor to Praxis Products.

APCT Acquires San Diego PCB Design

April 11, 2023

Manufacturing

APCT, a Santa Clara–based manufacturer of advanced printed circuit boards and a portfolio company of Industrial Growth Partners, has completed the acquisition of San Diego PCB Design. The add-on expands APCT’s offering to include PCB layout and design services, creating a full PCB lifecycle capability from design through prototyping and production.

Continuim Equity Partners Acquires Electro-Tech Industries

May 21, 2025

Manufacturing

Continuim Equity Partners has acquired Electro-Tech Industries (ETI), a Houston-based manufacturer of engineered electrical power distribution solutions. Continuim — in its first platform investment from Fund II and first in its power generation, transmission and distribution thesis — will partner with ETI's founder George Houche, who will remain a significant shareholder, to expand manufacturing capacity and accelerate growth.

Micro-Precision Technologies Acquires Stellar Manufacturing

December 3, 2025

Manufacturing

Micro-Precision Technologies, a PE-backed micro‑electronics manufacturer, has acquired Stellar Manufacturing, a printed circuit board assembly (PCBA) provider headquartered in Salem, New Hampshire. The deal — completed in early October — expands MPT's micro‑electronics platform capabilities and was executed after MPT partnered with private equity firm Great River Capital Partners in mid‑2024; terms were not disclosed.

Parsons Acquires Chesapeake Technology International (CTI) for $89M

July 1, 2025

Aerospace & Defense

Parsons Corporation has acquired Maryland-based Chesapeake Technology International, Corp (CTI), a portfolio company of Bluestone Investment Partners, in a transaction valued at $89 million. The acquisition adds CTI's electromagnetic-warfare and all-domain solutions and its ~225 employees to Parsons' Defense & Intelligence business, strengthening Parsons' capabilities for Special Operations and INDOPACOM customers and is expected to be accretive to revenue and adjusted EPS.