Industrial Growth Partners Announces Sale of AdvancedPCB
PR Newswire•28/10/2026•09:27 ET
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Key Highlights
- ➤Amphenol agrees to acquire AdvancedPCB from Industrial Growth Partners
- ➤AdvancedPCB provides high-reliability PCBs across defense, aerospace and industrial markets
- ➤AdvancedPCB operates six U.S. facilities serving mission-critical applications
- ➤Transaction requires U.S. regulatory approvals and customary closing conditions
Expert Statements
Greg Halvorson, CEO of AdvancedPCB
“IGP has been an exceptional partner to AdvancedPCB, and their support and long-term perspective were critical as we created an integrated company serving our customers under a single brand. Their continued support has allowed us to invest in equipment, technology, and people at a time of growing demand from the aerospace & defense primes and emerging defense technology companies we serve. None of that progress would have been possible without our employees, and I want to thank them for their dedication. We look forward to building on this momentum as part of Amphenol.”
Eric Heglie, Managing Partner at Industrial Growth Partners
“AdvancedPCB's technical depth and capabilities in complex PCBs for mission-critical applications made it a compelling investment for IGP from the start. Through several add-on acquisitions, together with sustained investment in people, capacity, and technology, AdvancedPCB has become a leading independent PCB provider with a differentiated position in defense electronics. We are grateful to Greg and the entire AdvancedPCB team for the momentum they have created. Amphenol's reach across electronics and interconnect markets makes it well positioned to support AdvancedPCB's growth, and we wish the Company continued success.”
Industrial Growth Partners Announces Sale of AdvancedPCB PR Newswire
SAN FRANCISCO, Oct. 28, 2026 /PRNewswire/ -- Industrial Growth Partners ("IGP") (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4806898-1&h=3154635787&u=https%3A%2F%2Figpequity.com%2F&a=Industrial+Growth+Partners+(%22IGP%22)) is pleased to announce that it has entered into a definitive agreement to sell AdvancedPCB Holdings, LLC ("AdvancedPCB" or the "Company") to Amphenol Corporation (NYSE: APH). The transaction is subject to regulatory approvals in the United States and customary closing conditions.
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