SMTC CORPORATION

H.I.G. Capital Completes Acquisition of SMTC Corporation

Retrieved on: 
Monday, April 5, 2021
Banking, Technology, Professional services, Other Manufacturing, Semiconductor, Engineering, Transport, Aerospace, Telecommunications, Logistics, Supply chain management, Manufacturing, Retail, Networks, Hardware, Supply chain management, Finance, Consumer electronics, Finance, Money, Economy, SMTC Corporation, Private equity, SMTC Corporation, H.I.G. Capital

), a leading global alternative investment firm with over $43 billion of equity capital under management, is pleased to announce that an affiliate has completed the acquisition of SMTC Corporation (SMTC or the Company).

Key Points: 
  • ), a leading global alternative investment firm with over $43 billion of equity capital under management, is pleased to announce that an affiliate has completed the acquisition of SMTC Corporation (SMTC or the Company).
  • Smith continued, This investment provides SMTC Corporation with a long-term partner with an extensive track record of supporting its portfolio companies with operational expertise, technology, financial management and M&A experience.
  • SMTC Corporation was founded in 1985 and acquired MC Assembly Holdings, Inc. in November 2018.
  • is a leading global private equity and alternative assets investment firm with over $43 billion of equity capital under management.

SMTC Corporation Announces Completion of Investment by H.I.G. Capital

Retrieved on: 
Monday, April 5, 2021
SMTC

), a leading global alternative investment firm with $43 billion of equity capital under management, that transforms SMTC Corporation into a private company.

Key Points: 
  • ), a leading global alternative investment firm with $43 billion of equity capital under management, that transforms SMTC Corporation into a private company.
  • The transaction was previously announced on January 4, 2021 and received approval from SMTC Corporation stockholders on March 31, 2021.
  • As a result of the completion of the transaction, SMTC stockholders will receive $6.044 per share in cash, and SMTC Corporations common stock (SMTX) will cease trading on the Nasdaq exchange.
  • With the completion of H.I.G.s investment in SMTC, we are better positioned to execute our strategy to expand our integrated manufacturing service capabilities for our customers.

Stockholders Approve SMTC Corporation’s Definitive Merger Agreement and Investment by H.I.G. Capital

Retrieved on: 
Wednesday, March 31, 2021
SMTC Corporation, SMTC, Electronics manufacturing services

would complete its investment in SMTC.

Key Points: 
  • would complete its investment in SMTC.
  • SMTC Corporation was founded in 1985 and acquired MC Assembly Holdings, Inc. in November 2018.
  • SMTC has more than 50 manufacturing and assembly lines in the United States and Mexico, which creates a powerful low-to-medium volume, high-mix, end-to-end global electronics manufacturing services (EMS) provider.
  • Except as required by applicable law, the Company does not intend, and assumes no obligation, to update any forward-looking statements.

H.I.G. Capital Investing in SMTC Corporation to Support Customer Growth

Retrieved on: 
Monday, January 4, 2021
SMTC Corporation, SMTC

The SMTC Corporation Board of Directors has unanimously approved the Merger Agreement and recommends that the Companys stockholders adopt the Merger Agreement.

Key Points: 
  • The SMTC Corporation Board of Directors has unanimously approved the Merger Agreement and recommends that the Companys stockholders adopt the Merger Agreement.
  • will enable us to accelerate our growth through continued investment in our customers, capabilities, and footprint.
  • SMTC Corporation was founded in 1985 and acquired MC Assembly Holdings, Inc. in November 2018.
  • SMTC services extend over the entire electronic product life cycle from the development and introduction of new products through to the growth, maturity and end-of-life phases.

SMTC Corporation to Manufacture Aura V Ventilators in Battle to Combat COVID-19

Retrieved on: 
Monday, November 16, 2020
Quality management, Respiratory therapy, Articles, Natural environment, Ventilator, AS9100, ISO, Restriction of Hazardous Substances Directive, Intensive care medicine, Nature

We selected SMTC to manufacture our Aura V critical care ventilators because of their reputation for quality, customer responsiveness and ability to quickly bring complex medical equipment to market, said Bud Reeves, IPM Chiranas CEO.

Key Points: 
  • We selected SMTC to manufacture our Aura V critical care ventilators because of their reputation for quality, customer responsiveness and ability to quickly bring complex medical equipment to market, said Bud Reeves, IPM Chiranas CEO.
  • The Aura V ventilator is designed for use in intensive care units to support and protect the patients lungs while providing critical information to caregivers.
  • SMTC plans to manufacture IPM Chirana ventilators at its 58,000 square foot facility in Boston, which has earned a number of industry certifications, including ISO-9001, ISO-13485, AS9100, IPC-610, Class II & Class III and is RoHS compliant.
  • Led by knowledgeable leaders in respiratory care,IPM Chirana is focused on offering the Aura V ventilators unique capabilities globally.

SMTC Corporation to Participate in the 11th Annual Craig-Hallum Alpha Select Conference on November 17, 2020

Retrieved on: 
Tuesday, November 10, 2020
SMTC Corporation, SMTC, NASDAQ, Companies, Finance, Financial markets

TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq: SMTX ), a global electronics manufacturing services provider and winner of Frost & Sullivans 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that the Company will participate in the 11th Annual Craig-Hallum Alpha Select Conference being held virtually on Tuesday, November 17, 2020.

Key Points: 
  • TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq: SMTX ), a global electronics manufacturing services provider and winner of Frost & Sullivans 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that the Company will participate in the 11th Annual Craig-Hallum Alpha Select Conference being held virtually on Tuesday, November 17, 2020.
  • SMTC Corporation was founded in 1985 and acquired MC Assembly Holdings, Inc. in November 2018.
  • SMTC services extend over the entire electronic product life cycle from the development and introduction of new products through to the growth, maturity and end-of-life phases.
  • For further information on SMTC Corporation, please visit our website at www.smtc.com.

SMTC Corporation to Participate in the 2020 Southwest IDEAS Investor Conference on November 18-19, 2020

Retrieved on: 
Monday, November 9, 2020
SMTC

TORONTO, Nov. 09, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq: SMTX ), a global electronics manufacturing services provider and winner of Frost & Sullivans 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that the Company will participate in the 2020 Southwest IDEAS Investor Conference being held virtually on November 18-19, 2020.

Key Points: 
  • TORONTO, Nov. 09, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq: SMTX ), a global electronics manufacturing services provider and winner of Frost & Sullivans 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced that the Company will participate in the 2020 Southwest IDEAS Investor Conference being held virtually on November 18-19, 2020.
  • Additionally, there will be a webcast that is open to the public available at SMTCs Investor Relations Calendar page at https://www.smtc.com/investors/news-events/ir-calendar at 7 am CT on Wednesday, November 18, 2020.
  • SMTC Corporation was founded in 1985 and acquired MC Assembly Holdings, Inc. in November 2018.
  • For further information on SMTC Corporation, please visit our website at www.smtc.com.

SMTC Corporation to Announce Third Quarter Results on November 4, 2020

Retrieved on: 
Monday, October 26, 2020
Finance, Money, Economy, SMTC, Conference call, Dial, Investor

It is recommended that investors joining by telephone dial in approximately ten minutes prior to the start of the call and request to join the SMTC Corporation Third Quarter 2020 Results Conference Call.

Key Points: 
  • It is recommended that investors joining by telephone dial in approximately ten minutes prior to the start of the call and request to join the SMTC Corporation Third Quarter 2020 Results Conference Call.
  • The conference call will be available for on-line replay from the Investor Relations section of SMTCs web site on the Investor Relations Calendar page.
  • SMTC Corporation was founded in 1985 and acquired MC Assembly Holdings, Inc. in November 2018.
  • For further information on SMTC Corporation, please visit our website at www.smtc.com .