Integrated Technology Limited "ITL Circuits"

Completed Date

2020-07-24

Sector

Industrials

Deal Type

Company sales

Value

Not disclosed

Company bio

Established in 1971 and located in Toronto, Canada, ITL Circuits is one of North America’s leading providers of printed circuit boards. The oldest and largest privately held PCB manufacturer in Canada.

ITL Circuits has a long track record of servicing military programs for the Canadian Department of National Defense (DND), Australian Defense Force (ADF), and United States DOD. The Company also provides products for other aerospace and defense, medical, and commercial end markets.

Deal Summary

Summit Interconnect (“Summit”), backed by HCI Equity Partners, announced it acquired Integrated Technology Ltd. (“ITL Circuits” or “ITL” or the “Company”) on July 24, 2020. Summit is a manufacturer of advanced technology printed circuit boards with a specific focus on complex rigid and rigid-flex product. The acquisition of ITL provides the Summit platform with cross-selling opportunities and enhanced scale. FirePower Capital acted as the M&A advisor to ITL Circuits

Deal Contacts

Alan Chettiar

Partner, M&A Advisory

FirePower Capital is the exclusive Canadian partner of Mergers Alliance

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