-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueCounterfeit Concerns
The distribution of counterfeit parts has become much more sophisticated in the past decade, and there's no reason to believe that trend is going to be stopping any time soon. What might crop up in the near future?
Solder Printing
In this issue, we turn a discerning eye to solder paste printing. As apertures shrink, and the requirement for multiple thicknesses of paste on the same board becomes more commonplace, consistently and accurately applying paste becomes ever more challenging.
A Culture of Thriving
One cannot simply command thriving; it must be nurtured, developed, and encouraged. In this issue, we explore strategies to improve your working relationship model—both internally and externally. In this culture of thriving, your business will grow in the process.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - smt007 Magazine
Merger and Acquisition Trends
November 18, 2019 | I-Connect007 Editorial TeamEstimated reading time: 1 minute
In this interview with the I-Connect007 Editorial Team, Green Circuits’ Joe O’Neil breaks down the current merger and acquisition (M&A) market in the electronics manufacturing space and the industry trends that affect it. Joe also gives his advice on best practices for the negotiating table from both the buyer’s or seller’s perspective.
Nolan Johnson: Dan, since you are particularly qualified to talk about M&A issues, I’m excited to have you lead this.
Dan Feinberg: It has been a while, but I was involved in a number of M&As as well as divestitures back in the ‘80s and ‘90s both as the acquiree and acquirer. It was an exciting time.
Johnson: What is your perspective on the global dynamics for M&A, especially since you have been involved in one or two transactions recently?
Joe O’Neil: It’s probably not going to be set up as a good time for both the buying and selling side, but rather more one or the other. Rarely is it nicely aligned, but it does seem like a good time from the selling side. Multiples are up, and interest rates are non-existent, so it seems to be shaping up as a pretty good time to look at options. But it’s more about whether it’s the right time for a particular business, given the business cycle, especially with the election next year and a lot of other variables, which may indicate some longer-term uncertainty. It has been a nice, long run, but how long will it continue? Uncertainties can play into people’s assessment of whether it’s a good time or not and impact the buying side. There are some things driving it in terms of new entrants in the market, new private equity firms, and new platform companies that are trying to do a roll-up strategy or something to take a bunch of Tier 4 organizations and end up in a Tier 2 space. There are a lot of moving parts.
To read this entire interview, which appeared in the October 2019 issue of PCB007 Magazine, click here.
Suggested Items
The Chemical Connection: How We Deal With a Technology Roadmap
10/07/2024 | Don Ball -- Column: The Chemical ConnectionIdeally, we would all be aware of what future technology demands will be, at least for the near future, and take steps to be prepared to meet those demands. For most of us, however, while we may be aware of what’s coming in terms of production requirements, we usually don’t do much to get ready for them until we’re forced to by the market. We generally don’t have the time or personnel to spend on detailed planning or money to purchase any new equipment before it’s needed. So, how do most of us deal with it?
DuPont Expands Photoresist Manufacturing Capacity at Sasakami Site in Japan
10/04/2024 | DuPontDuPont announced the successful completion of a significant expansion for photoresist manufacturing capacity at the DuPont Sasakami Site in Agano-shi, Niigata, Japan.
DENSO, ROHM Agree to Start Consideration of Strategic Partnership in the Semiconductor Field
10/01/2024 | JCN NewswireDENSO CORPORATION and ROHM Co., Ltd. hereby announce that the two companies have agreed to start consideration of strategic partnership in the semiconductor field.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
09/20/2024 | Andy Shaughnessy, I-Connect007It’s been a busy week in the world of PCB design and manufacturing. In this week’s roundup, there’s a little bit of everything. We have a look at PCB technology of tomorrow, an interview with an engineer who designs both PCBs and ICs, and government relations news from Washington, D.C. We also have an article on dispensing technology, and a final installment of our podcast on “designing for reality.”
Murata Unveils the World’s Smallest Multilayer Ceramic Capacitor
09/20/2024 | MurataMurata Manufacturing Co. Ltd has expanded its innovative range of multilayer ceramic capacitors (MLCCs) with yet another groundbreaking addition. Exemplifying Murata’s continual commitment for minimization,