Caribbean News Global
April 5, 2021
NEW YORK–(BUSINESS WIRE)–#Acquisition–H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with over $43 billion of equity capital under management, is pleased to announce that an affiliate has completed the acquisition of SMTC Corporation (“SMTC” or the “Company”). Prior to the transaction, SMTC was publicly listed on NASDAQ.
Founded in 1985, SMTC Corporation is a global Electronics Manufacturing Services (“EMS”) provider focused on partnering with leading original equipment manufacturers and emerging technology companies to provide the full range of end-to-end EMS services, from prototyping and design, to manufacturing and logistics. SMTC’s diversified operating footprint across the United States and Mexico supports customers across multiple industries, including aerospace and defense, industrial IoT, power, medical, semiconductors, telecom, communications, and test and measurement industries.