Cornell Capital Acquires Advantek from Tinicum

June 23, 2022

Cornell Capital has entered into an agreement to acquire Advantek, a global manufacturer of precision carrier tape and protective packaging for electronic and semiconductor components, from Tinicum-managed funds, with Tinicum retaining a minority stake. Cornell will partner with Advantek's management to accelerate growth through product innovation, capacity and geographic expansion, and M&A; terms were not disclosed.

Targets
Advantek, LLC
Sellers
Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated
Industry
Packaging
Location
Minnesota, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.