May 2006
Investment date
$81M
Purchase price
Aurora, CO
Headquarters
INDUSTRY: NICHE INDUSTRIAL
About Advanced Circuits
Manufacturer of quick-turn, prototype and production printed circuit boards (“PCBs”) and assembly services. Customers include research and development professionals at OEMs in the aerospace & defense, technology and education sectors.
CODI Value Add:
Working with management to identify and consummate add-on acquisitions and build complementary quick turn assembly business.
Investment Highlights:
- Largest quick turn manufacturer in the US
- Manufacturing scale produces high margins and free cash flow
- Diverse customer base – 10,000+ current customers
- Limited threat of offshoring as customers require as little as 24-hour turnaround time and defense customers require domestic production
CODI Team:
How We Work: We seek companies with purpose and staying power—businesses that dominate their space and are built to endure.
CODI Corner
