PE-backed Creation Technologies buys ATS

Vancouver, British Columbia-based Creation Technologies, has acquired Everett, Washington-based Applied Technical Services, a provider of electronic manufacturing services.

Vancouver, British Columbia-based Creation Technologies, has acquired Everett, Washington-based Applied Technical Services, a provider of electronic manufacturing services. No financial terms were disclosed. Lindsay Goldberg last year acquired Creation from Birch Hill Equity Partners.

PRESS RELEASE

Boston, MA | May 5, 2020
Creation Technologies, an end-to-end, scalable Global Electronic Manufacturing Services provider, announced today that it has acquired Applied Technical Services (ATS). The combination expands Creation’s network of manufacturing facilities and design centers operating across the USA, Canada, Mexico, and China.

“We are investing to broaden our capabilities and reach with the addition of the ATS team, who share our values of providing exceptional customer service and outstanding quality,” said Creation Technologies Chairman & CEO, Stephen P. DeFalco. “We are delighted to welcome ATS’ talented employees and loyal customers to our Global team.”

The acquisition expands Creation’s capabilities in the Aerospace & Defense, Medical, and Tech Industrial markets. It adds locations in Everett, WA and Hermosillo, Mexico, each offering three highly automated state-of-the-art SMT lines as well as automated through-hole, ICT, flying probe, and functional test capabilities.

The decision to acquire ATS was driven by ATS’ reputation for building longstanding relationships with its customers, which appealed to Creation’s own lifetime partnership strategy. In February 2020, both companies demonstrated the value of this approach by winning the customer-driven Service Excellence Awards for dependability, responsiveness, technology, and value. ATS also has strong employee engagement which led to them being chosen one of Washington’s 100 Best Places to Work.

“ATS is excited to become part of the Creation Technologies family,” said George Hamilton, Owner and Chief Executive Officer of Applied Technical Services. “With our expanding customer base and evolving needs, it is important that we continue to grow and evolve. Our proven leadership capabilities and operational excellence combined with Creation’s scale will be a strong platform to support further growth.”

About Applied Technical Services
Applied Technical Services (ATS) (www.atscorp.net) is a privately held company founded in 1984 which provides end to end electronic manufacturing services including Design, Printed Circuit Board Assembly (PCBA), complete Box Builds, final System Integration and Test. Supported by a robust Global Supply Chain and Lean Manufacturing principles, there is a relentless passion for award winning Customer Satisfaction, and Execution Excellence in Quality and On-Time Delivery that has earned ATS the reputation of being the most responsive, reliable, trusted, and respected EMS partner in the market. The company has 500 employees, located in Everett, WA, Totem Lake, WA and Hermosillo, Mexico. ATS has been named one of Washington’s 100 Best Places to Work.