APCT Acquires San Diego PCB Design

Patton Electronics Acquires Practical Technologies Inc.

February 10, 2026

Manufacturing

Patton Electronics acquired Practical Technologies Inc. (PTI), adding PTI's 20,000-square-foot Baltimore-area electronics manufacturing facility to expand Patton's Maryland production footprint and manufacturing capabilities. The deal strengthens Patton's contract manufacturing platform by adding PCB assembly, wire-and-cable harness, electro-mechanical assembly, and potting/encapsulation capabilities to support defense, aerospace, and industrial customers.

APCT (IGP Portfolio Company) Acquires Advanced Circuits from Compass Diversified

February 15, 2023

Manufacturing

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.

StenTech Acquires Advanced Tooling Design (ATD)

January 19, 2023

Manufacturing

StenTech, a portfolio company of Align Capital Partners, has acquired Advanced Tooling Design, Inc. (ATD), a San Jose-based designer and manufacturer of SMT stencils, pallets, tooling and related accessories. The add-on expands StenTech’s facility footprint into California and strengthens its manufacturing capabilities and access to Silicon Valley customers.

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.

Angeles Equity Partners Acquires APCT from Saugatuck Capital

June 4, 2019

Manufacturing

Angeles Equity Partners acquired APCT Holdings, LLC (APCT) from Saugatuck Capital Company in a 2019 transaction. APCT is a quick-turn, high-reliability printed circuit board manufacturer; the sale represented Saugatuck's exit of its investment in the company.

Angeles Equity Partners Acquires APCT, Inc.

June 4, 2019

Manufacturing

Angeles Equity Partners, a Los Angeles-based private equity firm, has acquired APCT, Inc., a manufacturer of quick-turn printed circuit board (PCB) prototypes with domestic sites in Silicon Valley, Southern California and Connecticut. Angeles will partner with APCT management to accelerate profitable growth, pursue bolt-on acquisitions, expand global production capabilities, and drive systems integration; financial terms were not disclosed.