Apr, 2023

APCT Acquires San Diego PCB Design

April 2023 San Francisco, CA – APCT, a custom manufacturer of advanced technology printed circuit boards,
has completed the acquisition of San Diego PCB Design (“San Diego PCB”). APCT, headquartered in Santa Clara,
California, is a portfolio company of Industrial Growth Partners.

San Diego PCB is a leading printed circuit board design services company. San Diego PCB’s team of IPC certified
designers deliver accurate, high-reliability PCB layout designs to hundreds of customers across North America.
“We are thrilled to partner with San Diego PCB and provide our customers with a full PCB lifecycle solution from
design and layout through prototyping and production. Over the past 20 years, San Diego PCB has established a
strong reputation for quality, service, and efficiency and is a wonderful complement to APCT’s offering. I am
excited to welcome the San Diego PCB team to the APCT family,” commented Steve Robinson, President / CEO of

“We are tremendously excited to join the APCT platform. APCT shares our dedication and commitment to putting
the customer first and is an ideal partner for San Diego PCB. This new partnership will provide our customers with
best-in-class PCB design services, and offer quick turn prototyping and production fabrication capabilities,”
commented Tony Bell, Division Manager of San Diego PCB.

About APCT
Founded in 1977, APCT has become the second largest manufacturer of Printed Circuit Boards in North
America, offering Design, Fabrication, and Assembly. Technologies include Standard Through-Hole; Advanced
HDI; and Flex & Rigid-Flex products. Corporate cycle times are consistently faster than industry standards and
premium quick-turn capabilities are World-Class. Certifications support both commercial & military work.
A diverse & well mixed list of markets is served: Defense & Aerospace, Semiconductor, Telecommunications,
Medical, and Industrial. All 7 North America factories manufacture Prototype to Production orders and APCT
Global offers high volume manufacturing management of Offshore Programs.

About Industrial Growth Partners
Industrial Growth Partners, founded in 1997, is a San Francisco-based private investment partnership with
over $3.4 billion of equity capital raised since inception. The firm invests exclusively in middle-market
companies in the industrial sector in partnership with management teams.

For more information, please contact John Parent, Dave DiFranco or Adam Libertini.
(415) 882-4550