AGIC Capital Makes Growth Equity Investment in AP Technologies

AGIC Capital Invests in Eulitha AG

July 5, 2022

Manufacturing

AGIC Capital, a European-Asian private equity firm, has made an undisclosed investment into Switzerland-based Eulitha AG to support the company's international expansion and commercialization of its proprietary PHABLE non-contact Nano-UV-lithography systems. The capital will be used to accelerate global growth—particularly in the Asia Pacific region—and scale Eulitha's sales, customers and R&D-backed commercialization pipeline.

AGIC Capital Acquires Majority Stake in Grafotronic AB

May 19, 2022

Manufacturing

AGIC Capital has acquired a majority stake in Grafotronic AB, a Swedish manufacturer of roll-to-roll automated manufacturing solutions for the digital label finishing and EV battery markets. The private equity firm said it invested alongside Grafotronic's management to accelerate international growth, expand commercial and operational capabilities, and support product and R&D expansion across Europe, the US and Asia.

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.

GIC and Temasek Acquire Significant Stake in Novotech as TPG Reinvests

March 31, 2025

Healthcare Services

Affiliates of GIC and Temasek have signed binding agreements to acquire a significant stake in Novotech, with existing investor TPG Asia reinvesting. The capital will support Novotech's global growth — including expansion in the US, Europe and APAC — and enable further organic investment and transformative M&A.

AGIC Capital Acquires Majority Stake in Pure Trade

July 28, 2023

Manufacturing

AGIC Capital acquired a majority stake in Pure Trade from Sparring Capital, the management team, and founders. The existing Pure Trade management team (including CEO Stéfane Ladous) will reinvest and remain in place as AGIC supports geographic expansion (notably US and APAC), ESG and digitalization initiatives, and a buy-and-build strategy to broaden the company’s product offering.

AGIC Capital and Kirk Kapital Acquire PR Electronics A/S

July 12, 2023

Manufacturing

AGIC Capital, together with family-owned investor Kirk Kapital, has completed the acquisition of PR Electronics A/S, a Danish designer and manufacturer of signal conditioning devices for process and factory automation. The company — headquartered in Rønde, Denmark — will continue to be led by its executive management team while select members of management, including former CEO Kim Rasmussen, reinvest in the business as owners; the new owners plan to support further organic growth and pursue growth-through-acquisition opportunities.