IGP-backed APCT buys and merges with circuit boards manufacturer Advanced Circuits

• ACI operates from facilities in Colorado, Minnesota, and Arizona
• ACI now operates as a wholly owned subsidiary of APCT
• Industrial Growth Partners invests in middle-market industrial companies

APCT, which is backed by Industrial Growth Partners, has acquired and merged with Advanced Circuits, an Aurora, Colorado-based maker of printed circuit boards. No financial terms were disclosed.

Santa Clara, California-based APCT is a provider of printed circuit boards.

ACI operates from facilities in Colorado, Minnesota, and Arizona.

ACI now operates as a wholly owned subsidiary of APCT.

“We are thrilled to partner with Advanced Circuits,” said Steve Robinson, CEO of APCT, in a statement. “Through this merger, we will be able to serve our combined customer base across multi-layer rigid, HDI, flex, rigid-flex and specialty product categories for all quick-turn, low volume and high volume program needs. Further, ACI will bring several commercial and operational software solutions to enhance our customer experience.”

Founded in 1997, Industrial Growth Partners has over $3.4 billion of equity capital raised since inception. The firm invests in middle-market industrial companies.