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Prime Technological Services Acquires I Technical Services to Deepen Vertical Services Model
Wednesday 19 February 2020

19 February 2020 - Atlanta, US-based electronics manufacturing services company Prime Technological Services, LLC has acquired Georgia-based electrical products provider I Technical Services (ITS), to enhance vertical service offering, the company said.
Terms of the transaction were not disclosed.
The acquisition of ITS further enhances Prime's ability to add greater depth to its vertically integrated services model while broadening the company's resources in key areas of the business. 
Prime gains additional manufacturing and service capacity, expansion of the customer base into additional geographic and vertical markets, additive equipment and technical capability and the benefits of greater scale, scope and diversification.
Prime Technological Services, LLC is an EMS provider of printed circuit board layout, assembly, test and integration services which support the military, aerospace, medical, and industrial markets.
The company's service offerings include product engineering, supply chain management, component assembly, system level integration, test development, customer order fulfillment, repair and logistics and full product life cycle support.
I Technical Services (ITS), a provider of printed circuit boards, electronics assemblies and top level electrical and electronic products for OEM's in commercial, industrial, aerospace, medical and military market segments.
ITS is a full-service electronics manufacturing services provider of printed circuit board assemblies and higher-level complete box build services. 
Details
Date Published: 19/02/2020
Target: I Technical Services (ITS)
Country: USA
Sector: Electronics
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Prime Technological Services
Comment:
Terms of the deal were not disclosed

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