Bain Capital to acquire a majority stake in Somacis from Chequers Capital.

Bain Capital, a private investment firm, agreed to acquire a majority stake in Somacis, a high-mix, low-volume focused PCB manufacturer, from Chequers Capital, a private equity firm. Financial terms were not disclosed. “Given its strength in the market, Somacis is well positioned to benefit from sustainable long-term re-shoring tailwinds which increase the demand for PCBs manufactured in the US and EU. We are pleased to back one of the leaders in its field,” Ivano Sessa, Bain Capital Partner and Co-Head of European Industrials.