SMTC Corporation

Markham, Canada Founded: 1985 • Age: 41 yrs Listed Acquired By H.I.G. Capital
End-to-end electronics manufacturing services are provided globally.

About SMTC Corporation

SMTC Corporation is a Technology company based in Markham (Canada) founded in 1985, and was acquired by H.I.G. Capital in January 2021. End-to-end electronics manufacturing services are provided globally. The company has 849 employees. SMTC Corporation has completed 1 acquisition, including MC Assembly. Its chief executive, as recorded, is Ed Smith. Its website smtc.com draws about 12 thousand monthly visits. SMTC Corporation offers products and services including Design & Engineering Solutions, Electronic Manufacturing & Integration, Supply Chain Management, and Post-Production Services. Its focus areas include Semiconductors and Electronic Manufacturing Services.

Company details

SMTC Corporation was established in 1985 and is based in Markham, Canada. Electronics manufacturing services are delivered, encompassing PCBA production, systems integration, comprehensive testing, enclosure fabrication, product design, sustaining engineering, and supply chain management. Operations are supported through facilities located in the United States, Canada, Mexico, and China, serving various sectors in the industry.

  • Headquarters Markham, Canada
  • Employees 849
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website smtc.com
  • Social LinkedIn X Facebook
  • Acquired by H.I.G. Capital (Jan 2021)
  • Legal Name Smtc Corporation
Key Metrics
  • Annual Revenue
    $386.45 M (USD)
    4
    as on Dec 31, 2020
  • Net Profit
    -$581 K (USD)
    90
    as on Dec 31, 2020
  • EBITDA
    $9.55 M (USD)
    88
    as on Dec 31, 2020
  • Latest Funding Round
    $651K (USD), Post-IPO

    Jan 2021

  • Investors
    PNC

    & 2 more

  • Employee Count
    849
  • Investments & Acquisitions
  • Acquired by

Products & Services of SMTC Corporation

SMTC Corporation offers a comprehensive portfolio of products and services, including Design & Engineering Solutions, Electronic Manufacturing & Integration, Supply Chain Management, and Post-Production Services.

Design & Engineering Solutions
Engineering Services

Provides product design and engineering support for electronics.

Electronic Manufacturing & Integration
Manufacturing

Handles PCBA and systems integration for various industries.

Supply Chain Management
Logistics

Manages global procurement and logistics for electronics.

Post-Production Services
Maintenance

Offers testing and repair for electronic products.

Funding Insights of SMTC Corporation

  • Total Rounds 3
  • Last Round Post-IPO β€” $651,000
  • First Round $8.58M

    (Jun 2004)

  • Investors Count 2

All 3 funding rounds of SMTC Corporation with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$651,000Post-IPO––
–
Nov 2018$112MDebt – Conventional––
Jun 2004$8.58MPost-IPO––
–
Valuation history

3 investors in total: 3 institutional.

Investors in SMTC Corporation

SMTC Corporation has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include PNC, TCW and H.I.G. Capital.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Commercial banking and financing services are provided by PNC.
1845pnc.comPittsburgh, United States
Equity and fixed income mutual funds are managed by TCW.
1971tcw.comLos Angeles, United States
Private equity capital is invested in small and mid-sized businesses.
higcapital.comMiami, United States
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Investor details for SMTC Corporation

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People of SMTC Corporation

72 people are tracked at SMTC Corporation (32 in leadership, 3 in board & advisors, 37 in team); the tracked headcount is 849.

NameRoleGroup
Ed Smith
CEOLeadership
Yvonne Romero
Human Resources Business PartnerLeadership
Malini Sathyan
Director Of Business AnalyticsLeadership
Moe Villeneuve
Director Of OperationsLeadership
M. Clint McClamroch
Director Of Business DevelopmentLeadership
Carlos Diaz
Senior Vice President WestLeadership
Phil Wehrli
Senior Vice President of Global Planning and Supply ChainLeadership
Bob Miller
Vice President, Customer AcquisitionLeadership
Terry Wegman
Senior Vice President Sales and MarketingLeadership
Josh Chien
Chief Commercial OfficerLeadership
Seth Choi
Vice President of Global Supply Chain Management and ProcurementLeadership
Helen Ong
VP FinanceLeadership
Anoop Thulaseedas
Chief Supply Chain OfficerLeadership
David Burns
General Manager, Billerica, MassachusettsLeadership
Matthew Brophy
President, Aerospace & Defense, Senior Vice President EastLeadership
Julia Davenport
Vice President, Commercial FinanceLeadership
Nam Dinh
General Manager & Head of Operations, Milpitas, CaliforniaLeadership
Tien Nguyen
VP & General Manager, Fremont, CaliforniaLeadership
Kevin Wright
Director Of CybersecurityLeadership
Laura Sandoval
Human Resources Director, Mexico OperationsLeadership

52 more people are available in the full profile.

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Investments & Acquisitions by SMTC Corporation

SMTC Corporation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MC Assembly.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Contract manufacturer
mcati.comMelbourne, United States1984Nov 2018$65M
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  • Exports

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Timeline of SMTC Corporation

6 dated milestones of SMTC Corporation across 36 years, from founding to its latest funding, stage changes and deals.

  1. Founded SMTC Corporation is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $8.6M.
  4. Acquisition Acquires MC Assembly.
  5. Funding Latest funding round, Post-IPO, of $651K.
  6. Exit Acquired by H.I.G. Capital.

Web traffic of SMTC Corporation

The website of SMTC Corporation (smtc.com) receives about 11.9K visits a month.

  • Monthly visits
    11.9K

    ▲ 92.8% vs previous month

Similar websites

Websites whose visitors overlap most with SMTC Corporation. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
elma.com
100%
45.6K#992,054View details
intematix.com
95%
View details
watchmanproducts.com
watchmanproducts.com
86%
–
maxtek.com
maxtek.com
86%
–
avi-tech.com.sg
86%
1.1K#13,915,375View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Smtc Corporation

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Frequently Asked Questions about SMTC Corporation

SMTC Corporation was founded in 1985 and raised its 1st funding round 19 years after it was founded.

SMTC Corporation is headquartered in Markham, Canada. It is registered at Markham, Ontario, Canada.

Ed Smith is the CEO of SMTC Corporation, as recorded in our data.

SMTC Corporation has 849 employees.

Annual revenue of SMTC Corporation is $386.45M as on Dec 31, 2020.

SMTC Corporation was established in 1985 and is based in Markham, Canada. Electronics manufacturing services are delivered, encompassing PCBA production, systems integration, comprehensive testing, enclosure fabrication, product design, sustaining engineering, and supply chain management. Operations are supported through facilities located in the United States, Canada, Mexico, and China, serving various sectors in the industry.

SMTC Corporation offers Design & Engineering Solutions, Electronic Manufacturing & Integration, Supply Chain Management, and Post-Production Services.

SMTC Corporation has made 1 acquisition, including MC Assembly.

SMTC Corporation has 3 investors. Key investors include PNC, TCW, and H.I.G. Capital.

SMTC Corporation operates through Smtc Corporation.

Yes. SMTC Corporation was acquired by H.I.G. Capital in January 2021.

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