11/01/2010

Micross Components announces the acquisition of Chip Supply, Inc.

Micross Components is pleased to announce the acquisition of Chip Supply, Inc. Chip Supply is located in Orlando, Florida, USA.

This is a welcome addition to our business portfolio as Chip Supply, Inc. is a “world renowned business” in the supply of “Semiconductor die & Specialized packaging solutions”.

The acquisition supports Micross’ strategy of continued growth that will enhance our electronic component products & services capabilities to our customers, broadening our reach around the world while continuing to improve efficiency.

Micross has some overlap in Chip Supply’s markets, & as a result there will be some integration to be undertaken, we will however ensure this doesn’t affect our commitment of excellent quality and delivery to each and every one of our valued customers.

Moreover we see, once the integration is complete, that we will have our team ready to supply an expanded offering of “electronic component products, services & capability” that will further delight our customers.

Alan Taylor CEO

About Vance Street Capital LLC

Vance Street Capital is a middle-market private equity firm focused on investing in highly engineered solutions businesses across the industrial technology, medical, life science, aerospace and defense sectors. Vance Street works with management teams and family owners to accelerate revenue growth, improve operations and acquire strategic assets for the companies in their investment portfolio. For more information please visit: www.vancestreetcapital.com.

Let’s Work Together

We’re both looking for the perfect partner.