Trouble in Your Tank: Organic Addition Agents in Electrolytic Copper Plating
Marcy’s Musings: Can You Hear the Voices?
Facing the Future: Successfully Navigating the Uncertain Path Ahead
Compass Diversified Terminates Agreement to Sell Advanced Circuits
August 1, 2022 | Globe NewswireEstimated reading time: Less than a minute
Compass Diversified, an owner of leading middle market businesses, announced that its majority-owned subsidiary, Compass AC Holdings, Inc. (Advanced Circuits), terminated the previously announced Agreement and Plan of Merger, dated as of October 13, 2021 (the Merger Agreement), pursuant to which Advanced Circuits was to be sold to Tempo Automation, Inc.
The closing of the transaction contemplated by the Merger Agreement was conditioned upon Tempo Automation being acquired by a publicly traded special purpose acquisition company (the SPAC Transaction). Due to continued delay in closing the SPAC Transaction, the Company and Advanced Circuits elected to terminate the Merger Agreement.
“Advanced Circuits is a proven industry leader in the PCB industry, and we’re proud of the Company’s success under CODI’s ownership,” said Elias Sabo, CEO of Compass Diversified. “We look forward to continuing our partnership with Advanced Circuits and are excited about its future prospects which we believe will drive enhanced value for CODI shareholders.”
Share on:
Suggested Items
American Standard Circuits and ASC Sunstone to Exhibit at PCB East 2025
04/14/2025 | American Standard CircuitsAnaya Vardya, President, and CEO of American Standard Sunstone Circuits, has announced that his company will once again be exhibiting at PCB East 2025 to be held on April 30, 2025, at the Boxborough Regency Hotel and Conference Center in Boxborough, Massachusetts.
IDTechEx Explores Emerging Applications for PICs
04/11/2025 | IDTechExPhotonic integrated circuits are the optical equivalent of microchips, using semiconductor industry processes to shrink many photonic components down onto a piece of material often smaller than a human fingernail.
Real Time with... IPC APEX EXPO 2025: Advancements for Flexible Circuit Technologies
04/11/2025 | Real Time with...IPC APEX EXPOMark Finstad and Chris Clark from Flexible Circuit Technologies discuss their new marketing campaign for catheter circuits, featuring larger formats and advanced specifications. They explain the development of in-house materials for high-density circuits, enhancing cost competitiveness. They highlight the opening of a new facility in China for advanced assembly services, along with focused training sessions to fill industry education gaps and promote early customer engagement for better project outcomes.
Real Time with... IPC APEX EXPO 2025: Discover Comprehensive PCB Solutions with American Standard Circuits
04/01/2025 | Real Time with...IPC APEX EXPOAnaya Vardya, CEO of American Standard Circuits, highlights the company's dedication to offering complete PCB solutions. The company provides free design packages and caters to various sectors, including military and telecommunications.
Sierra Circuits Inc. Chooses atg A9L Flying Probe Technology for High-speed Electrical Test
04/01/2025 | atg Luther & Maelzer GmbHatg Luther & Maelzer GmbH confirms delivery of high-speed bare board testing technology to PCB fabricator Sierra Circuits Inc. in Sunnyvale, CA.