TTM Technologies to Acquire Swiss Technology Group and ILFA

PCB Technologies to Acquire Gorilla Circuits

October 8, 2026

Manufacturing

PCB Technologies entered into a definitive agreement to acquire 100% of Gorilla Circuits for an enterprise value of $120 million. The acquisition would establish PCB Technologies’ U.S. manufacturing footprint and expand its access to North American technology, semiconductor, aerospace, and defense customers; closing is subject to customary conditions, including CFIUS approval.

Cicor Technologies to Acquire TT Electronics in £287 Million Deal

November 2, 2025

Industrial Services

Cicor Technologies announced its firm intention to acquire UK-based TT Electronics plc for an equity value of approximately CHF 303 million (around £287 million). TT shareholders will receive 100 pence in cash plus 0.0028 Cicor shares per TT share, and TT will delist from the London Stock Exchange upon completion.

LFM Capital Acquires SisTech Manufacturing

November 28, 2023

Manufacturing

LFM Capital, a Nashville-based private equity firm focused on lower middle market manufacturing and industrial services, has invested in SisTech Manufacturing, a Bend, Oregon-based contract manufacturer of high-complexity printed circuit board assemblies (PCBAs). The investment makes SisTech the sixth platform company in LFM's third fund and is intended to support growth and operational expansion in defense, aerospace, industrial, and consumer end markets.

TTM Technologies Acquires Telephonics Corporation from Griffon

June 27, 2022

Aerospace & Defense

TTM Technologies completed the acquisition of Telephonics Corporation from Griffon Corporation for $330 million in cash (subject to post-closing adjustments). The deal transfers Griffon’s long‑time avionics and RF business to TTM to expand its aerospace and defense capabilities; Lazard advised Griffon and J.P. Morgan advised TTM on the transaction.

Summit Interconnect (HCI Equity-backed) Acquires ITL Circuits

August 19, 2020

Manufacturing

Summit Interconnect, a portfolio company of HCI Equity Partners, acquired ITL Circuits, a Canadian printed circuit board manufacturer, to expand Summit's rigid and rigid-flex PCB capabilities and North American capacity. Patriot Capital provided subordinated debt alongside HCI to support the transaction; financial terms were not disclosed.

BERKS Group Acquires Swiss‑Tech, LLC

December 31, 2018

Manufacturing

BERKS Group, a division of the News‑Press & Gazette Company, completed the acquisition of Swiss‑Tech, LLC. Swiss‑Tech — a precision CNC Swiss machining and contract manufacturer serving medical, aerospace and industrial end markets — will serve as a platform investment and its management team will remain in place as BERKS plans capital investments to support growth.