LWO Acquisitions Company LLC, doing business as Circuitronics Inc., provides printed circuit boards. The Company offers inventory management, engineering, designing, testing, farication, box build, cabinet, wire harness packaging logistics, and production services. LWO Acquisitions Company operates in the State of Texas.- From Bloomberg
In today’s ever changing market, Circuitronics LLC/Price Circuits LLC has provided many companies, including several Fortune 500 firms, with quality, time-critical printed circuit boards. With high levels of precision, complexity, and reliability in rigid, flex and rigid flex technologies, Circuitronics LLC/Price Circuits LLC have devoted its energies to creating the most sophisticated printed circuit boards and has been dubbed an “Engineers Playground” because of its technical expertise in the process development and implementation of these cutting edge technologies. By creating longstanding partnerships, investing in new equipment, and continuously looking to improve processes, we have been able to stay ahead of the competition and provide its customers with unparalleled products.
Our combined commitment to quality and excellent customer service has placed us among the top printed circuit board suppliers and has made us leader in the industry for advance technologies.
Our goal for the future is to continuously improve our facility and our processes so we can ensure that our customers will stay on the leading edge of technology, and ahead of their competition. From website
1/14/2015: Company acquired. by Corridor Capital.
1971: Company founded.
IIIQ 2018: The GLAD valuation of the first lien debt decreased to a 45% discount from a 15% discount. Subordinated debt decreased in value sharply as well. Moved to CCR 4 from CCR 3. Potential loss of Investment Income on annual basis: $1.5mn.
IVQ 2017; GLAD extends 2018 debt to 2019, matching maturity of other facility. Pricing increased. Small second lien loan added. Debt discounted only 7%, but equity written to zero.
IQ 2017: First lien 2017 debt refinanced with a new 2018 facility by GLAD, with debt discounted over 20%.
IIIQ 2015: Added to Watch List based on valuation.
IQ 2015: GLAD provides $14.2mn in senior debt due in 2017 and 2019 and equity to finance acquisition. (See Corporate highlights).
Brentwood private equity firm Corridor Capital announced Monday that it acquired Circuitronics Inc. in Irving, Texas, together with McLean, Va., private equity firm Gladstone Capital Corp. and Circuitronics’ management. Terms of the deal were not disclosed.
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