Industrial Growth Partners Acquires Electronics Supplier APCT

An Industrial Growth Partners affiliate has acquired APCT, a supplier of printed circuit board products for various applications such as aerospace and defense electronic systems.

APCT, formerly owned by Angeles Equity Partners, is headquartered in Silicon Valley and has a global division that offers offshore production management services, the private equity firm said Wednesday.

Jefferies served as Angeles Equity Partners and APCT’s financial adviser on the transaction, while Massumi + Consoli advised on legal matters.

The acquired company also maintains domestic manufacturing facilities in Southern California and Connecticut.

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