Patriot Capital is pleased to announce a new subordinated debt investment alongside HCI Equity in Summit Interconnect, an existing platform of HCI. Patriot’s investment supported Summit’s acquisition of ITL Circuits.
Headquartered in Anaheim, California, with facilities in Orange, Anaheim, and Santa Clara, California, Summit is a manufacturer of printed circuit boards. The company’s advanced technology factories are focused on complex rigid, flex, and rigid-flex PCBs for use in defense and commercial applications. The acquisition of ITL Circuits, based in Toronto, Canada, adds additional rigid PCB capabilities and capacity, and further enhances Summit’s presence in the defense and commercial end markets.