Tapco Circuit Supply is a value-added distributor of copper clad laminate, select chemistries, and other products required by domestic printed circuit board (PCB) manufacturers. Since being founded in 1982, this second generation family-owned business had grown through strategic acquisitions and expansion of successful distribution agreements. The Company made the strategic decision in 2009 to change their product line at a time when the US economy, banking environment, and domestic PCB industry were all in disarray. PPC was engaged to first design and help implement a profit improvement plan to stabilize the business to then allow the Company to attract new sources of financing. PPC’s engagement helped Tapco return to profitability, maintain the existing family ownership structure of the Company, and secure a more attractive senior debt financing arrangement with a new lender.





Promontory Point Capital is a Milwaukee-based investment banking boutique focused on the needs of Midwestern privately-held businesses. Since 2003, our firm has helped dozens of companies explore financial and strategic alternatives for their business including the arrangement of debt and equity financing, the evaluation of business sale or recapitalization options, or the planning and execution of growth strategies involving acquisition, merger, or joint venture.

Situations where we have been helpful include:
  • Business owners and management teams wishing to better understand their options relative to ownership liquidity strategies or financing alternatives.
  • Growth orientated companies requiring financing for expansion.
  • Funding needed to finance acquisitions, shareholder redemptions, or buyouts.
  • Under-capitalized businesses needing an injection of “junior” capital beyond bank debt, such as subordinated debt or equity.
  • Companies over-extended with their current lender or bank group, including forbearance situations.

We welcome your confidential inquiry and encourage you to visit our website at www.promcp.com for more information on our firm's capabilities and other client successes.
 

Chris Riegg
Partner
[email protected]
  Bill Penkwitz
Partner
[email protected]
  Steve Mayer
Partner
[email protected]

 


322 East Michigan Street, Suite 500
Milwaukee, WI 53202
414-225-0484