Promontory Point Capital
Secures New Financing for Tapco Circuit Supply

With headquarters in suburban Chicago, Tapco Circuit Supply is a leading national distributor of materials and process solutions to the printed circuit board industry. In recent years the Company expanded their relationships with domestic and international suppliers which helped grow sales, but also necessitated greater working capital demands. Given these expanded needs and the desire to expedite the financing process, the Company once again retained Promontory Point Capital to explore funding options for the business. After exploring a variety of alternatives, a solution offered by First Capital, a non-bank asset-based lender, provided Tapco enhanced borrowing flexibility. PPC led the entire financing process including managing an online deal room, interviewing prospective lenders, negotiating term sheets, and assisting in the finalization of closing documentation. With a new financing partner now in place, Tapco is well-positioned to capitalize on continued industry growth.

"PPC helped Tapco secure a loan structure with the flexibility to provide for our current financing needs and also for our future growth."

Kurt Palmer
Tapco Circuit Supply

Promontory Point Capital
is a Milwaukee-based investment banking boutique focused on the needs of Midwestern privately-held businesses. Since being formed in 2004, our firm has helped over 90 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 for exploring a full or partial sale of their business, a shareholder recapitalization, or the acquisition of another entity.
  • Financing needs encompassing bank and non-bank financing, subordinated debt, and/or equity capital ranging from $5MM to $100MM to fund activities such as internal growth, expansion, shareholder redemptions, some level of senior debt repayment, or acquisitions.
  • Companies facing operational challenges or those that are financially over-extended, where our firm's profit improvement skills and sources of non-bank financing could both stabilize and better capitalize the business.

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


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