M&A Deal Summary

Summit Interconnect Acquires ITL Circuits

On July 29, 2020, Summit Interconnect acquired semiconductors company ITL Circuits

Acquisition Highlights
  • This is Summit Interconnect’s 2nd transaction in the Semiconductors sector.
  • This is Summit Interconnect’s 1st transaction in Canada.
  • This is Summit Interconnect’s 1st transaction in Ontario.

M&A Deal Summary
Date 2020-07-29
Target ITL Circuits
Sector Semiconductors
Buyer(s) Summit Interconnect
Deal Type Add-on Acquisition

Target

ITL Circuits

Markham, Ontario, Canada
ITL Circuits is a provider of printed circuit boards. ITL Circuits was founded in 1971 and is based in Markham, Ontario.

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Buyer(S) 1

Buyer

Summit Interconnect

Anaheim, California, United States
Category Company
Founded 2016
Sector Semiconductors
DESCRIPTION

Summit Interconnect is a manufacturer of advanced technology printed circuit boards. Manufacturing services include quick-turn, prototype, and production through our advanced technology facilities located in California. Summit Interconnect was founded in 2016 and is based in Anaheim, California.

DEAL STATS #
Overall 4 of 7
Sector (Semiconductors) 2 of 5
Type (Add-on Acquisition) 4 of 7
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-07 Streamline Circuits

Santa Clara, California, United States

Streamline Circuits is a manufacturer of time-critical, complex, high layer count printed circuit boards headquartered in Santa Clara, CA.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Eagle Electronics

Schaumburg, Illinois, United States

Eagle Electronics is a printed circuit boards manufacturer focused on high-performance applications for the aerospace and defense, commercial and other industrial end-markets. Eagle specializes in highly customized quick-turn prototyping and manufacturing of a range of highly engineered rigid and rigid flex printed circuit boards. Eagle Electronics was founded in 1979 and is based in Schaumburg, Illinois.

Buy -
Mergr

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