Summit Interconnect (HCI Equity-backed) Acquires ITL Circuits

Summit Interconnect Acquires Eagle Electronics, Inc.

June 3, 2021

Manufacturing

Summit Interconnect, backed by HCI Equity Partners, acquired Eagle Electronics, Inc. on June 1, 2021. Eagle, a printed circuit board manufacturer headquartered outside Chicago, brings quick-turn prototyping and high-reliability rigid and rigid-flex PCB capabilities to Summit's North American platform as the fourth add-on to HCI's Summit investment.

Lindsay Goldberg Acquires Summit Interconnect from HCI Equity Partners

September 27, 2021

Manufacturing

Affiliates of Lindsay Goldberg completed a majority investment in Summit Interconnect, a North American manufacturer of complex rigid and flexible printed circuit boards, partnering with Summit's CEO Shane Whiteside and management. HCI Equity Partners sold the company after a period of rapid growth under its ownership; terms were not disclosed and Lindsay Goldberg said the investment will support Summit's next phase of growth and capability expansion.

Summit Interconnect Acquires Royal Circuit Solutions and Advanced Assembly

May 4, 2022

Manufacturing

Summit Interconnect has acquired Royal Circuit Solutions (headquartered in Hollister, California) and affiliate Advanced Assembly (Aurora, Colorado), expanding Summit's footprint to eight manufacturing facilities across North America. The deal broadens Summit's PCB product offering into rigid, flex, rigid/flex and ATE PCBs and adds quick-turn prototype SMT assembly and strengthened engineering/CAM/DFM capabilities.

Infinitum Acquires Circuit Connect, Inc.

April 18, 2023

Manufacturing

Infinitum, the Austin-based maker of air core electric motors, has acquired Circuit Connect, Inc., a Nashua, New Hampshire PCB fabricator that has supplied PCB stators to Infinitum for more than five years. The acquisition brings Circuit Connect's ~21 employees into Infinitum and is intended to vertically integrate PCB stator production to increase capacity and support the company's rapid scaling.

Interconnect Solutions Company Acquires Tri-Tek Electronics

November 18, 2021

Manufacturing

Interconnect Solutions Company (ISC) acquired Tri-Tek Electronics Inc., a Valencia, California-based cable assembly and wire harness manufacturer, to add in-house cable production and specialized assembly capabilities. The acquisition strengthens ISC's capacity for complex, high-reliability assemblies serving aerospace, space and defense customers and retains Tri-Tek's president to oversee integration.

HEICO Corporation Acquires Connect Tech Inc.

August 19, 2020

Manufacturing

HEICO Corporation's Electronic Technologies Group acquired 89.99% of Connect Tech Inc. for cash, with potential additional earn-out consideration. Connect Tech will continue operating from its 20,000-square-foot facility in Guelph, Ontario; founder David Worthen remains president and retains the minority stake, and the business (≈65 employees) will support HEICO's capabilities in rugged embedded computing for aerospace, defense, transportation and smart energy markets.