Charger Investment Partners Acquires Advanced Composite Products and Technology, Inc.

Charger Investment Partners Acquires Unitech Composites to Expand APEX Space & Defense Systems

November 7, 2023

Manufacturing

Charger Investment Partners, a Los Angeles–based private equity firm, has acquired Unitech Composites and folded it into its composites platform, APEX Space & Defense Systems. Unitech joins APEX’s other units to create a combined lightweight materials manufacturing business serving aerospace, defense and space markets.

The Gund Company Acquires Power and Composite Technologies (PCT) from HCI Equity Partners

August 9, 2021

Manufacturing

The Gund Company acquired Power and Composite Technologies, LLC (PCT) from HCI Equity Partners on July 30, 2021. PCT, headquartered in Amsterdam, New York, is a manufacturer of engineered composite components serving power generation, oil & gas, aerospace and medical imaging markets; financial terms were not disclosed.

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.

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, 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.

Apollo Funds Acquire Majority Stake in Composite Advanced Technologies (CATEC)

August 22, 2023

Energy

Apollo-managed funds have acquired a majority interest in Composite Advanced Technologies, Inc. (CATEC), a Houston-based manufacturer of Type IV compressed gas transportation and storage solutions for CNG, RNG and hydrogen. Apollo plans to invest additional capital to scale CATEC into a leading gaseous equipment manufacturing and services platform supporting the hydrogen and low-carbon fuel markets.