Printed Circuits, All Flex Merge
NORTHFIELD, MN, AND CHASKA MN – Flex circuit fabricators Printed Circuits and All Flex have merged and have begun operations under the name All Flex Solutions. The merger closed Aug. 31, following two years of collaboration and integration. Financial terms were not disclosed.
Chaska-based Printed Circuits primarily offers rigid-flex PCBs, while and Northfield-based All Flex produces flexible circuitry and assemblies.
“With marquee customers in medical, aerospace, and defense end-markets, the combined company will provide both life- and mission-critical solutions,” the firms said.
Dale Nordquist, chairman, All Flex, becomes chair of the merged company. Kevin Jackson, who joined the company in early July, has been named chief executive.
Customers’ and suppliers’ points of contact at All Flex Solutions will remain the same, and all products will continue to be manufactured on the same equipment in the same locations, which include three facilities and more than 160,000 sq. ft. to support increased capabilities and growing capacity.
All the more than 340 All Flex Solutions team members have been retained.
In a statement, Ken Tannehill, founder, Printed Circuits, said, “Our companies are natural and better together, sharing common values, geography, processes, and customers after having collaborated informally for many years.”
The executive team includes John Fallon as president of the Flexible Circuit Center of Excellence, Matt Tannehill as president of the Rigid Flex Center of Excellence, Joy Fries as chief development officer, and Stacy Colbert as chief financial officer.
Granite Partners led the investment in the merged company.