Exeter Street Capital Partners backs Price Circuits
The investment establishes a buy-and-build platform in quick-turn PCB fabrication for aerospace, defense, and industrial markets.
Takeaways
- Price Circuits is a Quick-turn, low-volume PCB fabrication for aerospace, defense, and industrial markets.
- Exeter Street Capital Partners is investing in Price Circuits.
- The target serves aerospace and defense, consumer, and industrial across United States.
Exeter Street Capital Partners recapitalized Price Circuits, an Elgin, Illinois-based quick-turn, low-volume PCB fabricator serving aerospace, defense, and industrial customers, forming a new buy-and-build platform.
Founded in 1994, the company holds AS9100 and ITAR certifications and manufactures advanced technologies including high-density interconnect and flexible circuits, while the Varghese family retained an ownership stake.
Capitala Group and Five Points Capital provided debt and equity financing, with Pinnacle Bank providing senior working capital financing, marking Exeter's fourth platform investment.
Get tomorrow morning's tape in your inbox.
Yesterday's platforms, add-ons, recaps, and exits, cleaned up before the workday starts.