Industrial Growth Partners Acquires APCT from Angeles Equity Partners

October 6, 2021

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.

Buyers
Industrial Growth Partners V, L.P., APCT management and certain outside investors
Targets
APCT, Inc.
Sellers
Angeles Equity Partners, LLC
Industry
Manufacturing
Location
California, United States
Transaction Type
Buyout

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