M&A Deals in North American PCB and EMS Sectors for 2025
Mergers and acquisitions activity in the EMS and PCB sectors in North America in 2025 was certainly slow compared to previous years as well as compared to expectations. When we started 2025, there was a feeling that with a deal-making... Read More →
Can I Sell My Business Using AI?
Let’s ask AI (Microsoft Copilot) if you can use it to sell your business: “Absolutely. You can sell your business using AI, and it’s becoming a powerful strategy for entrepreneurs and owners looking to streamline the process.” Well, there you... Read More →
Former Owners Talk About Life After Selling
Congrats! You worked hard for years to grow a successful business, toiled through endless due diligence questions from 20-somethings, and suffered through 20 versions of redlined purchase agreements. Now you have sold your business and officially started your golden years.... Read More →
Entrepreneurship Through Acquisition Buyers for PCB/EMS Shops
A growing trend in the U.S. is the rise of Entrepreneurship Through Acquisition (ETA) buyers for every business under the sun. Just as private equity firms have been active in a wide range of industries, ETA buyers have picked... Read More →
The Power Shift in U.S. Manufacturing Ownership
by Nolan Johnson The U.S. manufacturing landscape is driven by reshoring initiatives, supply chain realignments, and a surge of foreign interest. What does that mean for U.S.-based PCB and EMS companies? In this interview, mergers and acquisitions expert Tom Kastner... Read More →
M&A North American PCB and EMS Deals for the First Half of 2025
As we entered 2025, the M&A deal world was prepared for a busy year in electronics, plus sentiment for the overall M&A market was bullish. We had “a deal guy” entering the White House, and he’d pledged to support U.S.... Read More →
Your Financial Preparation for a Sale
When preparing for a sale, it’s important to clean up the financials as much as possible. The fewer questions and the less that needs to be explained, the easier it is to get through due diligence without slowing things down... Read More →
Fewer Than 150 PCB Shops Remain in North America
According to GP Ventures’ database, the number of printed circuit board manufacturing companies in North America (including Canada), is now below 150. In 2020, it was around 200, and in 2022, it was 170. These figures do not include companies... Read More →
Understanding Rollover Equity
With the rise in the influence of private equity (PE) firms (which I affectionally joke now means “practically everything”), rollover equity has become more common in M&A deals. According to GF Data, 28.6% of deals in the first three quarters... Read More →
2024 North American PCB and EMS M&A Review
M&A deal-making in the North American EMS sector was strong in 2024 with 21 deals, whereas activity in the PCB sector was pretty weak with only three deals. The 21 deals in the EMS space compares favorably with 18 completed... Read More →