Align Capital Partners has invested in StenTech, a provider of surface mount technology components.
StenTech plays a role in the supply chain for the semiconductor and electronics manufacturing industries.
“We were looking for an investment partner who understood our market and was committed to maintaining the high levels of customer service we are known for within the SMT community,” said Sibthain Akbar, founder of StenTech. “Align Capital Partners’ relevant specialty manufacturing experience, track record of partnering with management teams through successful leadership transitions and overall growth resources fit our needs perfectly.”
Torkin Manes LLP advised StenTech on the transaction. Calfee, Halter & Griswold LLP advised ACP.