IMS Receives Investment from Lineage Capital

Reading time ( words)

Intelligent Manufacturing Solutions LLC (IMS) recently received a growth investment from Lineage Capital LLC, which will help support its future growth by expanding into new markets outside the northeast, broadening the service offering, and partnering with IMS management to pursue complementary acquisitions within the electronics manufacturing industry.

Based in Manchester, New Hampshire, IMS is a provider of electronics manufacturing services (EMS) with a unique specialization in quick-turn assembly of prototype and high-mix and build-to-order printed circuit boards.

Mooreland Partners acted as the exclusive financial advisor to IMS on this investment from Lineage, a Boston-based private equity firm focused exclusively on investing in owner-managed companies in the middle market.

"IMS offers outstanding service to our contract manufacturing customers, and this investment from Lineage will allow us to expand our business on a national scale without diluting our commitment to superior quality, rapid turnaround, and flexible manufacturing solutions. The Mooreland team understood our value proposition and helped us identify the perfect partner to help us grow without relinquishing management control of the business," said Bob Monaco, CEO of IMS.

"Mooreland Partners helped identify the right capital partners for the founder-owners of IMS in this transaction," said Bob McNamara, Managing Director, Mooreland Partners. "Mooreland's extensive and continuous coverage of the supply chain services segment on a global scale helped us deliver an optimal outcome for IMS."



Suggested Items

Is Captive Making a Comeback?

12/20/2019 | Andy Shaughnessy, Design007 Magazine
Andy Shaughnessy recently spoke with Altium’s Steve Chalgren, senior VP of business strategy and planning. Steve shared his thoughts about why improved manufacturing and automated EMS equipment, such as robotics, might lead smaller OEMs to become captive shops like the old days. Is captive making a comeback?

Keith Bryant on Growth in the European Market

11/06/2019 | Pete Starkey, I-Connect007
Pete Starkey interviews Keith Bryant, chairman of the European division of the Surface Mount Technology Association (SMTA), about his view on the outlook of the industry, including growth in the European electronics manufacturing industry as well as the need for young engineers.

Meet Zulki Khan, SMT007 Columnist

10/25/2019 | I-Connect007
Meet Zulki Khan, one of our newest SMT007 columnists! Khan’s columns address new frontiers in upcoming manufacturing techniques, including challenges in the marriage of SMT and microelectronics manufacturing and the critical aspects involved.

Copyright © 2020 I-Connect007. All rights reserved.