GP Ventures Represents Sunstone Circuits in their Sale to American Standard Circuits

July 2023

American Standard Circuits (ASC) and Sunstone Circuits are excited to announce their merger, creating a dynamic partnership that will revolutionize the printed circuit board (PCB) manufacturing landscape. This strategic alliance brings numerous advantages to customers, establishing a new standard of excellence in PCB solutions. Financial terms were not disclosed.

The combination of American Standard Circuits and Sunstone Circuits brings customers a multitude of benefits that enhance their experience and in turn drives their success:

Expanded Capabilities: The merger brings together a comprehensive suite of PCB types, materials, and certifications. Customers will enjoy an extensive range of options, including single-sided, double-sided, multi-layered, RF / Microwave, flex / rigid-flex, HDI, Ultra HDI, and metal backed boards.

Advanced Manufacturing Expertise: The combined expertise and resources of American Standard Circuits and Sunstone Circuits empower customers with expanded manufacturing capacity. This translates into faster turnaround times, increased volume capabilities, and enhanced operational efficiency. Customers will benefit from accelerated prototyping (24-48hrs), reduced time to market, and improved competitiveness in their industries.

Dynamic Online PCB Quoting: Sunstone Circuits offers a seamless experience for customers seeking quick and accurate quotes for their PCB projects. Their dynamic online quoting system allows customers to enter project specifications and receive instant quotes, enabling them to make informed decisions and expedite their PCB procurement.

Integrated Design Solutions: Customers now have access to a comprehensive and user-friendly design software solution that includes powerful tools for schematic capture, PCB layout and integrated parts library. The software seamlessly integrates with Sunstone’s manufacturing services, enabling a smooth transition from design to production.

Turnkey Opportunities: Sunstone has a long-standing relationship with Screaming Circuits. This relationship has benefitted many customers needing fully assembled boards quickly, with assembly turn times as fast as 24-48 hours for quick-turns and up to 4 weeks for short run production. These turn times coupled with Sunstones’ quick turn PCB capability makes it a seamless benefit.

Global Sourcing: ASC’s global sourcing division offers customers comprehensive sourcing solutions through a vast network of trusted partners and suppliers worldwide. This allows businesses to access high-quality components, materials, and manufacturing services from various locations globally.

Commitment to Excellence: Both American Standard Circuits and Sunstone Circuits share an unwavering commitment to delivering exceptional quality products. By merging, the companies further reinforce their dedication to adhering to stringent quality control processes, industry standards, and customer-specific requirements. Customers can trust that their PCBs will meet the highest standards of performance and reliability.

“Today marks an extraordinary milestone as we announce the merger of American Standard Circuits and Sunstone Circuits,” said Anaya Vardya, CEO of American Standard Circuits. “Together, we bring an unmatched combination of expertise, capabilities, and resources to our customers. This merger will enable us to deliver greater value, innovation, and responsiveness, solidifying our position as the premier PCB manufacturing partner.”

Terry Heilman, CEO of Sunstone Circuits, commented, “This merger represents a transformative opportunity for our customers. By leveraging the strengths of both companies, we are positioned to provide a comprehensive range of PCB solutions and deliver unparalleled customer experiences. We are excited to embark on this journey together.”

The merger between American Standard Circuits and Sunstone Circuits signals a new era in the PCB industry. This strategic alliance creates a powerhouse that will drive innovation, elevate customer service, and set new benchmarks for quality and efficiency.

Tom Kastner is the president of GP Ventures, an M&A advisory services firm focused on the tech and electronics industries. GP Ventures has offices in Chicago and Tokyo and has completed over 10 deals in both the PCB and EMS sectors. Tom Kastner is a registered representative of and securities transactions are conducted through StillPoint Capital, LLC—a Tampa, Florida member of FINRA and SIPC. StillPoint Capital is not affiliated with GP Ventures.