APCT (IGP Portfolio Company) Acquires Advanced Circuits from Compass Diversified
February 15, 2023
APCT, a portfolio company of Industrial Growth Partners, completed the acquisition and merger with Advanced Circuits, Inc., a designer and manufacturer of quick-turn, low-volume printed circuit boards. The transaction was announced January 10, 2023 and closed in February 2023 (enterprise value reported at $220 million), with the seller Compass Diversified receiving approximately $170 million of proceeds at closing after adjustments.
- Buyers
- APCT, Inc., Industrial Growth Partners
- Targets
- Advanced Circuits, Inc.
- Sellers
- Compass Diversified (CODI), Compass AC Holdings, Inc.
- Platforms
- APCT, Inc.
- Industry
- Manufacturing
- Location
- Colorado, United States
- Transaction Type
- Addon
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