M&A Deal Summary

Rcapital Acquires STI

On November 3, 2023, private equity firm Rcapital acquired electronics company STI from Integrated Micro-Electronics

Acquisition Highlights
  • This is Rcapital’s 1st transaction in the Electronics sector.
  • This is Rcapital’s 43rd transaction in the United Kingdom.

M&A Deal Summary

Date 2023-11-03
Target STI
Sector Electronics
Buyer(s) Rcapital
Sellers(s) Integrated Micro-Electronics
Deal Type Divestiture

Target

STI

Hampshire, United Kingdom
STI is a manufacturer of contract electronics that provides electronics services, including Research & Development, Supply-Chain, manufacturing, and capital. STI was founded in 1989 and is based in Hampshire, England.

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Buyer(S) 1

Buyer

Rcapital

Mayfair, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

RCapital is a specialist private investment firm that targets turnaround and growth capital investment opportunities in a variety of industries. RCapital will consider companies across the UK and Europe and looks to commit £2 - £20 million in businesses generating sales of £10 - £150 million. RCapital was formed in 2004 and is based in London, England.


DEAL STATS #
Overall 45 of 49
Sector: Electronics M&A 1 of 1
Type: Divestiture M&A Deals 7 of 10
Country: United Kingdom M&A 43 of 47
Year: 2023 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-01 Phoenix Dosimetry

Berkshire, United Kingdom

Phoenix Dosimetry is a provider in the radiation monitoring landscape, specialising in radiological detection systems, radiotherapy dosimetry, and associated services. Phoenix Dosimetry was formed in 2013 and is headquartered in Berkshire, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-06 Cluttons

London, United Kingdom

Cluttons is an international firm of chartered surveyors and property consultants that provides an extensive range of residential and commercial services, carried out with uncompromising professionalism to a consistently high standard. Cluttons is based in London, England.

Sell -

Seller(S) 1

SELLER

Integrated Micro-Electronics

Binan, Philippines

Category Company
Founded 1980
Sector Electronics
Revenue 1.1B USD (2024)
DESCRIPTION

Integrated Micro-Electronics is a global technology and manufacturing solutions company specializing in highly reliable and quality electronics for long product life cycle segments in the automotive, industrial, medical, power electronics, communications, and aerospace markets. Integrated Micro-Electronics was established in 1980 and is headquartered in Binan, Philippines.


DEAL STATS #
Overall 2 of 2
Sector: Electronics M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-25 VIA Optronics

Nuremberg, Germany

VIA Optronics develops and supplies interactive display and imaging solutions for automotive, industrial, and consumer-electronics markets. VIA Optronics was founded in 2005 and is based in Nuremberg, Germany.

Sell -