- This acquisition will expand the company’s resources in key areas of the business
- ITS was founded in 2003 by Mike Thompson
Prime Technological Services, a provider of electronics manufacturing services has acquired I Technical Services (ITS). This company is a provider of printed circuit boards, electronics assemblies and electrical and electronic products.
Greg Chesnutt, president and CEO of Prime, said, “The acquisition of ITS is strategic in nature as it further enhances Prime’s ability to add greater depth to our vertically integrated services model while broadening the company’s resources in key areas of the business. Prime gains additional manufacturing and service capacity, expansion of our customer base into additional geographic and vertical markets, additive equipment and technical capability and the benefits of greater scale, scope and diversification.”
Founded in 2003
ITS was founded in 2003 by Mike Thompson. Mike will continue to work with Prime as a strategic advisor to the Prime leadership and Board.
Thompson added, “I am excited that ITS has joined the Prime Technological Services team. The combined company has strong operational, technical and financial resources for continued growth, innovation, and expansion of service offerings to our customers. The companies’ shared commitment to values, customer centricity and team member development were key drivers of the decision to join forces.”