Curated News
By: NewsRamp Editorial Staff
July 19, 2024
Benchmark International Facilitates Transaction Between MPT and Great River Capital Partners
TLDR
- Great River Capital Partners gained a valuable niche manufacturing asset, MPT, with DLA standards certification and high-performance microelectronics.
- MPT designs and manufactures thick-film ceramic substrates, hybrid micro-electronic manufacturing, and obsolete semiconductor manufacturing for harsh environments and high-reliability applications.
- The transaction will create long-term value through organic growth initiatives and strategic add-on acquisitions, contributing to the growth of mid-sized industrial technology companies.
- MPT is one of only 30 worldwide certified by the Defense Logistics Agency to the MIL-PRF-38534 quality standard, making it a highly differentiated asset.
Impact - Why it Matters
This news matters because it showcases a successful transaction between two significant players in the high-performance microelectronics and industrial technology industries. It also demonstrates the value of strategic partnerships for creating long-term business growth and success.
Summary
Benchmark International successfully facilitated the transaction between Micro-Precision Technologies, Inc. (MPT) and Great River Capital Partners. MPT designs and manufactures high-performance microelectronics for harsh environments and high-reliability applications. Great River is a private equity investment firm focusing on acquiring mid-sized industrial technology and services companies.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Benchmark International Facilitates Transaction Between MPT and Great River Capital Partners
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