Royal Circuits acquires South Coast Circuits
PCB specialist Royal Circuit Solutions has completed its acquisition of South Coast Circuits in order to further expand its quick-turn printed circuit board (PCB) fabrication services.
The deal marks the second acquisition Royal Circuit Solutions has completed as it continues to expand its PCB manufacturing operations and market reach, a press release reads.
Based on the terms of the merger, which involved South Coast Circuits and Royal Flex Circuits, a subsidiary of Royal Circuit Solutions, the facility in Santa Ana, California will continue to conduct business as South Coast Circuits. Victor Hemingway, current President of Royal Flex Circuits, will become President of South Coast Circuits and will continue to report to Milan Shah, owner and co-founder of Royal Circuit Solutions.
“This is a very exciting transaction that will create an even larger, more dominant PCB manufacturing group,” says Milan Shah, CEO of Royal Circuit Solutions. “It is a landmark deal for the PCB industry and another step forward in Royal Circuits’ mission to help design engineers bring new product designs to market as quickly as possible.”
South Coast Circuits customers operates within industries such as computer, communications, ATE, aerospace, networking test & measurement, medical, and consumer electronics. This merger also allows Royal Circuit Solutions to further expand its service offerings for the ATE industry.
“The alignment in company values and culture between the companies made this a great opportunity for our employees and customers,” adds Chuck Benson, former President of South Coast Circuits. “Together, South Coast Circuits and Royal Circuit Solutions will be able to achieve rapid expansion while delivering the quality, speed and service that our customers have come to rely on.”