How are the Big Boys Doing Now?
I thought it would be interesting to check in again on what the larger North America-based public companies in the PCB and EMS industry are doing. In general, sales, profits, and stock prices are up, and many are doing smaller, non-core acquisitions. In particular, growth markets include AI infrastructure, defense, and certain areas of healthcare.... Read More →
Preparing Your PCB/EMS Business for Sale
The summer is almost over, and owners’ thoughts turn from inner tubing to selling their company. These things rarely happen overnight, so you must prepare as much as possible. If you are reading this article and you own a business, that is a good start. Here are some tips for selling a business in the... Read More →
M&A Deals in North American PCB and EMS Sectors for the First Half of 2026
Mergers and acquisitions deals in the EMS and PCB sectors in North America in the first half of 2026 were pretty slow for a while, and then, boom, a bunch of deals were announced in May and June, and even more in July. In fact, I hadn’t heard of one deal in the PCB space... Read More →
How to Stay Focused in Business and M&A
It is getting harder and harder to stay focused these days. In fact, I started writing this column, got an email alert, and six days later, I realized I was still working on the first sentence. Among the hundreds of daily distractions, it is difficult for business owners to stay focused on the important matters.... Read More →
How Are the Big Boys in Electronics Doing?
Let’s see what the public companies are up to in the PCB and EMS industries. In North America, there are only a couple of publicly traded PCB (bare board) companies: TTM Technologies (Nasdaq: TTMI) and Firan Technology Group (FTG.TO). On the EMS side, there are a few more publicly traded (“pubco”) companies: Flex (FLEX), Jabil... Read More →
How Many PCB Companies Are There in North America Now?
When I am asked how many PCB shops are still in the U.S., my answer is usually, “About 130. How many do you want to buy?” However, I do not really know the number. My job is either to sell PCB shops or help people buy them, not to count them. I probably should keep... Read More →
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 president coming into office, it would be a positive factor. Baby Boomers were riding a... Read More →
GP Ventures advises Analog Technologies in their Sale to Tide Rock Holdings
GP Ventures is pleased to announce that their client, Analog Technologies, based in Burnsville, MN, was acquired by Tide Rock Holdings. Financial terms were not disclosed. Tide Rock, an unlevered buyout firm with a portfolio of economically resilient B2B businesses, announced the acquisition of Analog Technologies. The acquisition expands Tide Rock’s electronics manufacturing services (EMS)... 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 go. Easy-peasy. I guess I’ll join my former clients and retire now that AI can... 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. It’s time to tee off. What do most owners do after they sell their business?... Read More →