If I Were 20 Years Younger
We hear a lot of owners say, “If I were 20 years younger, I would…,” meaning they would make major investments or strategic changes if they had the time to realize the return on investment. Other reasons for not making... Read More →
Dealing With Burnout
The year 2020 has certainly been interesting. Owners of companies in the PCB and PCBA industries are used to ups and downs, but yeesh, 2020 has been tough. The good news is most owners have survived all kinds of stressful... Read More →
Bringing PCB and PCBA Industries Back to the U.S.
Although U.S. PCB companies have been waving the flag for years, the COVID-19 crisis has shined a spotlight on the U.S. dependency on overseas suppliers for many electronics products. It was kind of a “Sputnik moment” for the U.S. that... Read More →
199
According to my firm’s database, the number of PCB companies in North America is now down to 199. This is a psychologically significant number for the industry. To clarify how we count companies, we are counting only PCB fabricators (excluding... Read More →
Why buy a North American Manufacturer such as a PCB/PCBA Shop?
Last month, the IPC (PCB Industry group) came out with very positive statistics about the North American PCB market, including sales growth, a healthy book-to-bill ratio, and other indicators. Overall, the US economy is strong, and manufacturing has seen a... Read More →
Getting to a Signed Letter of Intent
The letter of intent (LOI) is an important milestone in the sale of a business. It shows that both the buyer and seller have agreed in general to the valuation, terms, and conditions of a deal and that closing should... Read More →
GP Ventures’ Tom Kastner on PCB Mergers and Acquisitions
It’s always interesting talking with Tom Kastner, president of GP Ventures, because he has his finger on the pulse of our industry’s mergers and acquisitions (M&A) more than anyone. He knows which companies are selling, buying, or thinking about it.... Read More →
Survey on State of the North American PCB M&A Market
Recently, my firm surveyed about 20 PCB manufacturers in North America with an estimated greater than $10 million in revenue. Quite a few replied, and we have spoken with many others throughout the year, which gives us a good view... Read More →