SANTA CLARA, CA – Private equity firm Angeles Equity Partners has completed the sale of APCT to IGP.

APCT manufactures complex, quick-turn printed circuit board prototypes and has locations in Silicon Valley, Southern California, and Connecticut.

“It has been an incredible journey growing and transforming the business with the support of Angeles. Together, we strategically repositioned APCT to better serve key end markets and executed several impactful operational initiatives to accelerate growth and expand margins. Our entire team is thrilled by all we have accomplished during our partnership with Angeles,” said Steve Robinson, CEO, APCT. “We believe a great future lies ahead for APCT and look forward to our new partnership with IGP.”

“We are proud of what we have accomplished with CEO Steve Robinson and the entire APCT team,” said Timothy Meyer and Jordan Katz, co-founders and managing partners, Angeles Equity Partners. “The strategic and operational transformation we executed is a testament to the Angeles value creation model and another example of our ability to partner with management teams to build exceptional industrial businesses.”

Financial terms of the transaction were not disclosed.