Search company, investor...
Primus Technologies company logo

Primus Technologies

primus-tech.com

Stage

Acquired | Acquired

About Primus Technologies

Primus Technologies provides circuit board assembly and electronics manufacturing solutions to a multitude of industries.On January 11th, 2021, Primus Technologies was acquired by Spartronics. The terms of the transaction were not disclosed.

Headquarters Location

2333 Reach Road

Williamsport, Pennsylvania, 17701,

United States

570.326.6591

Missing: Primus Technologies's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Primus Technologies's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest Primus Technologies News

OEP portfolio company Spartronics acquires Primus Technologies

Jan 12, 2021

AlphaMaven 1h agoprivateequitywireViews: 7 OEP portfolio company Spartronics acquires Primus TechnologiesSubmitted12/01/2021 - 9:37amSpartronics, a provider of contract manufacturing and design services and a portfolio company of middle market private equity firm One Equity Partners (OEP), has completed the acquisition of Primus Technologies Corp.Financial terms of the private transaction have not been disclosed.Headquartered in Williamsport, Pennsylvania, andf ounded in 1959, Primus Technologies provides engineering, manufacturing and testing services of circuit card assemblies and box builds for original equipment manufacturers (OEMs) in the aerospace, defence, medical and complex industrial markets. The company operates two facilities in the United States.“The decades of precision engineering expertise Primus brings, coupled with its excellent logistic capabilities and relationships with major US defence contractors strengthens Spartronics’ ability to design industry-specific solutions for a diverse range of manufacturers serving different end markets,” says Chip Schorr, Senior Managing Director at OEP.“We’re thrilled to welcome Primus to Spartronics as we continue to provide high-quality contract manufacturing services that enable our blue-chip OEM customers to meet an ever-evolving range of mission-critical requirements,” says Paul Fraipont, President and CEO of Spartronics. “This transaction reflects OEP’s ability to identify strategically important acquisitions that build scale and accelerate growth.”Spartronics operates eight plants in the US and one in Vietnam that manufacture printed circuit card assemblies, sub-assemblies and full product assemblies, as well as provide aftermarket repair support. The Company’s products are used in the aerospace, healthcare and industrial end markets.OEP has pursued investment themes in the electronics manufacturing industry since 2017 where it can execute its transformational acquisition strategy to accelerate growth and build market leaders. In July 2020, the firm established Spartronics as a standalone business following its acquisition through a corporate carve-out from Sparton Corp, a leading defence supplier.TagsDeals & TransactionsAcquisitions -

Primus Technologies Frequently Asked Questions (FAQ)

  • Where is Primus Technologies's headquarters?

    Primus Technologies's headquarters is located at 2333 Reach Road, Williamsport.

  • What is Primus Technologies's latest funding round?

    Primus Technologies's latest funding round is Acquired.

  • Who are the investors of Primus Technologies?

    Investors of Primus Technologies include Spartronics.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.