Advanced Circuits PCB Press Releases
Since 1989, Advanced Circuits has been the country's leading printed circuit board manufacturer specializing in Quickturn Printed Circuit Boards with the industry's best on-time or early shipping record. Unlike other printed circuit board companies, Advanced Circuits combines real-time online service with personalized customer care. Customers can talk to a "live" representative, or go online to get quotes, place orders and check status 24 hours a day. Advanced Circuits is a leader in providing innovative services and offers FREE design for manufacturability checks on Gerber files within minutes, at www.FreeDFM.com. Additionally, the Company recently introduced the industry's most comprehensive Free PCB Layout Software called "PCB Artist" with gerber formatted files available upon request after 1st order. For more information, visit www.4pcb.com, or call 800-979-4PCB.
John Yacoub to Continue Leading Advanced Circuits
AURORA, Colo., - (Oct 03, 2005) - Advanced Circuits, the country’s leading source for quick-turn printed circuit boards, today announced that The Compass Equity Group International LLC, the private investment manager for a philanthropic trust has financed a management buyout of the company.
“As an industry leader with continued-growth, Advanced Circuits has developed a formula for success,” said John Yacoub, CEO and President of Advanced Circuits. “There will be no changes in personnel or day-to-day operations. In fact, we won’t even change the brand of popcorn that we ship with every order!”
Yacoub will continue to oversee daily operations and lead the management team in planning as the company continues its industry-leading growth. Advanced Circuits anticipates that sales will exceed $42 million this year, its 10th consecutive year of sales increases.
This partnership will allow Advanced Circuits to manage growth and invest in land and equipment needed to keep up with its growing customer base. In July, Advanced Circuits invested $1 million in new equipment, including lead-free processing equipment.
“With the additional capital, we can maintain our accelerated rate of growth while continuing to provide quality circuit boards and the exceptional service our customers are used to,” Yacoub said. “Taking care of customers remains our top priority, and we look forward to the future.”
About Advanced Circuits
Since 1989, Advanced Circuits has been a leading a quick-turn printed circuit board manufacturer that specializes in producing engineering prototypes and production boards. Unlike other quick-turn printed circuit board companies, Advanced Circuits combines real-time online service with personalized customer care. Customers can talk to a live representative, or go online to get quotes, place orders and check status 24 hours a day. In addition, the company offers free design for manufacturability checks, obtaining results within minutes, at www.FreeDFM.com. With no minimum quantity requirement, Advanced Circuits offers same-day delivery with standard delivery of 3 days. For more information, visit http://www.4pcb.com., or call us at 800-979-4PCB.
About The Compass Group
The Compass Group is a private investment firm focused on small and middle market business service, manufacturing and distribution companies, providing funding for pursuit of growth opportunities, ownership changes and recapitalizations. Compass acquires interests in a broad range of industries, with a preferred equity investment size of $5 million to $30 million, facilitating transactions of $15 to $150 million in value.