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Industrial Growth Partners inks sale of AdvancedPCB to Amphenol - PEI Private Equity

Reported by Privateequityinternational
Oct 28, 2026· 1 min read
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Key Takeaways
  • • Industrial Growth Partners has agreed to sell AdvancedPCB, a high-reliability printed circuit board manufacturer, to Amphenol, according to PE Hub.
  • • AdvancedPCB is based in Aurora, Colorado, and produces printed circuit boards for defense, aerospace and industrial customers from six US facilities.
  • • The transaction is a private equity exit for Industrial Growth Partners, with Amphenol acquiring a US-based defense and aerospace electronics supplier.
Summary
Industrial Growth Partners has signed an agreement to sell AdvancedPCB to Amphenol, according to a PE Hub report published on October 28, 2026. The Aurora, Colorado-based company manufactures high-reliability printed circuit boards for defense, aerospace and industrial customers from six facilities across the United States.

The deal represents an exit for Industrial Growth Partners, the private equity firm that backed the business. The primary source does not disclose the purchase price, deal terms, or expected closing timeline, and those details were not available in the reviewed material.

For institutional investors tracking the defense and aerospace electronics supply chain, the transaction reflects continued consolidation among component suppliers serving these end markets. Amphenol's acquisition adds a US-based high-reliability PCB manufacturer with a multi-site footprint to its portfolio.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Privateequityinternational Industrial Growth Partners inks sale of AdvancedPCB to Amphenol - PEI Private Equity