ANAHEIM, CA – Summit Interconnect continued its acquisition run today with the purchase of Schaumburg, IL-based printed circuit board fabricator Eagle Electronics.

The acquisition provides a significant and targeted expansion into the high-performance, quick-turn commercial prototyping market and extends Summit’s operational footprint into the Midwest US, Summit said in announcing the deal. No financial terms were disclosed.

Eagle's management team will stay in place, Summit told PCD&F.

In a press release, Shane Whiteside, president and CEO, Summit Interconnect, said, “Eagle is an impressive operation with an experienced and highly capable management team. The acquisition aligns Eagle’s extensive prototyping experience and commercial market reach with Summit’s differentiated production capabilities. We are particularly impressed with their consistent investments in advanced technology capability, resulting in an equipment set that closely resembles our other Summit factories. The new capabilities that Eagle brings will further strengthen our ability to serve our customers in both high-performance commercial and defense markets, as well as broaden our relationships with key suppliers. This is very exciting news for both Summit and Eagle and we welcome our new Illinois employees to the Summit team.”

Eagle was founded in 1979 and provides advanced prototype printed circuit boards to the industrial, communications, medical, automotive and military markets. Its 50,000 sq. ft. plant in the Chicago suburbs is ISO 9001:2015, U.L. and ITAR certified. 

Summit is the second-largest PCB fabricator in the US in terms of onshore revenue. Read more about the company's history and approach in this interview with Whiteside.

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