Amphenol has entered into a definitive agreement to acquire AdvancedPCB Holdings from private equity firm Industrial Growth Partners (IGP). Based in Colorado, AdvancedPCB manufactures high-reliability printed circuit boards for mission-critical applications in the defense, aerospace and industrial sectors.
The acquisition is part of a series of four deals with a combined purchase price of approximately $1.6 billion. Amphenol will finance the deals with cash and debt. AdvancedPCB is expected to generate full-year 2026 sales of around $270 million and will join Amphenol’s Harsh Environment Solutions segment.
The transaction is expected to close in the fourth quarter of 2026, pending U.S. regulatory approvals and other customary closing conditions.