Spartronics® Acquires Primus Technologies, Strengthening Its Presence in Aerospace, Defense, Medical and Industrial Markets

Primus Technologies is a proven leader in electronics manufacturing services space

WATERTOWN, S.D., Jan. 8, 2021 – Spartronics LLC, a contract manufacturer of complex electronic and electromechanical devices for commercial aerospace, defense, space, instrumentation and control, life sciences and medical device applications, is pleased to announce it has completed the acquisition of Primus Technologies Corp. as of Dec. 31, 2020. Financial terms of the transaction have not been disclosed.

Headquartered in Williamsport, Pa., Primus Technologies provides engineering, manufacturing and testing services of circuit card assemblies and box builds for original equipment manufacturers (OEMs) in the aerospace, defense, medical and complex industrial markets. The company operates two facilities in the United States.

Spartronics, which was acquired by One Equity Partners (OEP) in July 2020, provides contract design, manufacturing and aftermarket services of printed circuit card assemblies, sub-assemblies and full product assemblies which support mission-critical applications across the defense, aerospace, medical and industrial markets. The company operates eight facilities in the United States and one in Vietnam.

“Primus Technologies has established itself as a leader in the electronics manufacturing services space, particularly among key aerospace and defense customers,” said Paul Fraipont, president and CEO of Spartronics. “Our investment in Primus demonstrates our ability to acquire great businesses with complementary strengths.

“We look forward to working together with the proven team at Primus to grow Spartronics with an expanded footprint and broader capabilities. The Primus campus in Williamsport is well- suited to accommodate our growing company. We plan to relocate our headquarters from Watertown, South Dakota, to Williamsport in the near future.”

Chip Schorr, senior managing director at OEP, agreed. “We believe that the manufacturing expertise of Primus with its strong customer relationships provides the ideal addition to help Spartronics build a leading global electronics manufacturing services provider.”

About Spartronics

Spartronics is a leading player in comprehensive, highly complex electronics manufacturing services, ranging from printed circuit board assembly (PCBA) and subsystem integration to high-level product assembly. Our other services include product design, manufacturing testing, supply chain management, sustaining engineering, and a suite of aftermarket services to support the full product lifecycle.

With over $400 million in sales, our network of production facilities includes locations across the United States and in Vietnam. Our engineering support is available for end-to-end product development, manufacturing readiness and ramp to production.

To learn more about Spartronics, please visit: https://www.spartronics.com.