SAUGATUCK CAPITAL COMPANY ANNOUNCES INVESTMENT IN APCT HOLDINGS, LLC
Wilton, CT – December 12, 2013. Saugatuck Capital Company (“Saugatuck”) is pleased to announce its investment in APCT Holdings, LLC (“APCT” or the “Company”), headquartered in Santa Clara, California. Saugatuck provided equity capital through its investment vehicle Saugatuck Capital Company VIII LLC which, along with management, owns 100% of APCT. Amalgamated Capital provided the senior debt financing and Greyrock Capital provided the mezzanine financing as well as an equity investment. APCT is a premier, quick-turn manufacturer of complex, multilayer printed circuit boards and provider of related engineering services. In 2008, the former Data Circuit Systems, Inc. management team, a prior Saugatuck Capital investment, acquired the Company.
Founded in 1982, Saugatuck Capital Company is a long-established private investment firm committed to leveraged recapitalizations and buyouts and growth equity investments in the lower, middle market. Sourcing investment opportunities through its well-established network, Saugatuck invests in service-intensive businesses demonstrating a proven ability to generate stable, growing cash flows where it has the requisite experience to drive accelerated portfolio company performance. For over three decades, the Firm has been dedicated to the philosophy of hands-on value creation in which exceptional management teams, in partnership with Saugatuck’s capital and expertise, build companies of outstanding value.
Originally founded in 1977 as Advanced Printed Circuit Technology, Inc., APCT is a market leader in quick-turn manufacturing and engineering solutions, which are offered 24 hours a day, seven days a week. Through its highly experienced management team, APCT maintains some of the most sophisticated technical capabilities in the industry which enables it to manufacture highly complex circuit boards in very compressed time frames.