NEW YORK – Power Design Services and Green Circuits are merging, with a senior debt investment from Praesidian Capital of $22.4 million.
Power Design provides turnkey PCB design, prototype, and production services. Green Circuits is a full-service manufacturer focusing on prototyping and high-mix, medium-volume assembly.
“Both Power Design and Green Circuits are driven to provide high-quality design, prototyping and production services with a customer-first attitude,” said Joe O’Neil, president of Power Design. “Their combination creates tremendous upside. Praesidian’s support and ability to meet an aggressive closing timeline were key to the transaction’s success.”
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