StenTech Expands its Reach with Acquisition of Photo Etch Technology

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Align Capital Partners ("ACP") is delighted to announce that its portfolio company StenTech, a prominent supplier of surface mount technology ("SMT") stencils, pallets, tooling, and associated components, has successfully completed the acquisition of Photo Etch Technology ("Photo Etch").

Photo Etch (together with its affiliate Utz Technologies) manufactures SMT stencils, mesh screens, and parts for OEM and contract manufacturing customers across its current facilities in four U.S. markets. In terms of strategic fit, Photo Etch deepens StenTech’s existing presence in Silicon Valley and New England, while adding new geographic reach into Florida via its Clearwater operation.

“We were looking for a partner who could continue providing our customers with the quality of service they deserve,” said Lisa Guidi, Owner and Chief Financial Officer of Photo Etch. “Having worked closely with StenTech’s leadership over the past several months, I am confident they will honor our company’s important legacy while providing our customers with access to additional resources through the StenTech platform.”

“I am thrilled to be joining forces with the team at Photo Etch,” said Brent Nolan, President & CEO of StenTech. “This acquisition represents StenTech’s continued growth and innovation, and we are excited by the opportunity to serve Photo Etch’s customers.”

“The Photo Etch transaction represents further validation of our growth thesis for StenTech,” commented ACP Managing Partner Chris Jones. “In addition to future M&A, we look forward to continuing to support the Company through ongoing investments in people, processes, and technology.”

ACP acquired StenTech in May of 2022 and this transaction marks the second add-on for the Company. Vice President James Moss and Associate Ben Bryles worked alongside Mr. Jones on the transaction.

Click here to learn more about StenTech.

Click here to learn more about SMT (Surface Mount Technology).