DALLAS -- EMS firm Circuitronics has changed hands among investment firms in a deal closed in December but announced today.

LongWater Opportunities, a Dallas-based middle market private investment firm, sold Circuitronics in December to Corridor Capital and Gladstone Capital for an undisclosed sum.  

Corridor is a private equity firm that owns several smaller-revenue companies specializing in engineered products.

“We are excited to partner with the strong team at Circuitronics. They have deep industry experience at all levels of the organization and a clear strategic vision,” said Corridor CEO Craig Enenstein. “We have been particularly impressed with their ability to provide the technological capabilities and quality of a large tier one EMS supplier while maintaining an exceptional level of customer service and flexible production capacity.”

Circuitronics CEO Karl Berger said, "Corridor has a longstanding commitment to investing in niche manufacturing leaders like Circuitronics and we are excited to
work with them to further expand on our position as a successful institution in the specialty EMS market.”

LongWater had acquired Circuitronics in 2009. Irving, TX-based Circuitronics was founded in 1971 and assembles printed circuit boards. 

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