ZAG/Sullivan Client Altus PCB Acquired by NCAB Group

ZAG/Sullivan Press Release
November 18, 2019

ZAG/Sullivan represented Altus PCB, a full-service supplier of printed circuit boards (PCBs), in its acquisition by NCAB Group, one of the world's largest suppliers of PCBs. The purchase price for Altus was $3.8 million and an additional earn-out.

“We have been looking at Altus PCB for some time and are delighted with this acquisition," said Hans Ståhl, President and CEO of NCAB Group. "Our goal is to grow profitably, particularly in the USA, and Altus is especially interesting considering its operations in the high-tech area. We can see quite a number of synergies with NCAB."

Led by Scott Kaufman, the ZAG/Sullivan team included Amiti Rothstein, Mitchell Stein, Amy Sheridan, David Kaplan, Susanne Hafer and Jeffrey Karp.

ZAG/Sullivan is an international law firm with offices in Israel, the United States, China, and the United Kingdom. The firm’s attorneys specialize in all disciplines of commercial law for both publicly held and private companies, with particular expertise in hi-tech, life science, international transactions, and capital markets. ZAG/Sullivan provides result-driven legal and business advice to its clients, addressing all aspects of the clients’ business activities, including penetration into new markets in strategic locations. In recent years, the firm has acted on a majority of the equity and debt financing transactions by Israeli technology companies on the NASDAQ. It has been the firm’s experience that the best results, those that give our clients the competitive advantage they need, are attained by coupling professional experience, global presence, and connections with the investor communities in Israel and abroad.

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