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."

Share

Print


Suggested Items

The GraftWorx Fluid Management Patch Story

05/31/2019 | Anthony Flannery, GraftWorx
The GraftWorx vision is to connect patients to clinicians with clinical data that will have a meaningful impact on their care. Its first application is to monitor patients with end-stage renal disease or kidney failure using a wearable device called the SmartPatch that records numerous clinical cardiovascular metrics. This article details how GraftWorx was designed, fabricated, and assembled.

Communication and Information: Two Keys to Success

05/21/2019 | Nolan Johnson, I-Connect007
Nolan Johnson and Duane Benson, an I-Connect007 columnist and a representative from Milwaukee Electronics, discuss how assemblers can help their customers through submitting and maintaining accurate information, and engaging in open communication early and often about the highly important bill of materials.

Five Key Questions Your EMS Partner Should Be Asking in the Supplier Selection Process

05/09/2019 | Neil Sharp, JJS Manufacturing
As we've continued to observe the impact of the ongoing global electronics components shortage, any challenge to the supply chain has the potential to cause major disruption. Whether you currently manage your own end-to-end electronics manufacturing, or you have opted to outsource to an EMS provider, there are five essential issues (and potential risks) to bear in mind when assessing the value and reliability of any proposed new supplier.



Copyright © 2019 I-Connect007. All rights reserved.