Promontory Point Capital
Promontory Point Capital is pleased to announce our most recent client success with Tapco Circuit Supply.

Founded in 1982, Tapco Circuit Supply is a Chicago-based national distributor of products and services to the U.S. printed circuit board industry. The Company has worldwide supplier relationships encompassing lamination products, process chemistries, and drill room supplies required by U.S. printed circuit board manufacturers that look to Tapco for its diverse product set and technical expertise.

Promontory Point Capital was first introduced to Tapco Circuit Supply in 2010 and, over a successful five year relationship, PPC assisted the Company and family ownership group in achieving a variety of objectives involving securing financing, designing and implementing profit improvement plans, evaluating potential acquisition opportunities, as well as other strategic initiatives. Given the attractive M&A market experienced during 2015, the ownership group decided to explore strategic options for two of Tapco's business segments.

Tapco's drill room and lamination products businesses were viewed by several international companies as attractive targets which would provide direct access to the U.S. printed circuit board industry. After evaluating a variety of strategic alternatives, Tapco sold these two business segments to Taiwanese-based TCT Group. The sale transaction was completed during the third quarter of 2015.
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 led over 100 client engagements including the arrangement of debt and equity financing, the evaluation of business sale and recapitalization options, and the planning and execution of growth strategies involving acquisitions, mergers, and joint ventures. 

Situations where Promontory Point Capital has 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, and/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 can both stabilize and better capitalize our client's business.
We welcome your confidential inquiry and encourage you to visit our website at for more information on our firm's capabilities and numerous other client successes.
Chris Riegg
Bill Penkwitz
Steve Mayer
Thomas Gregg, Jr.
Mike Burmesch
[email protected]