December 2020,
Cleveland, OH and San Jose, CA. Edgewater Capital Partners (“Edgewater Capital”) is pleased to announce that it has completed an investment in Naprotek, LLC (“Naprotek”).
Based in San Jose, CA, Naprotek is an electronic manufacturing services company and a leading provider of quick turn printed circuit board assembly (“PCBA”) services for high-reliability (“Hi-Rel”) applications. Naprotek has invested in the personnel, equipment, and systems necessary to support its customers and their mission-critical applications in the defense, space, medical, semiconductor, and specialty industrial markets.
“Few PCBA businesses are so consistent in their strategy as Naprotek. The company is unwavering in its focus on Hi-Rel applications that demand speed and complexity. We are excited to partner with the Naprotek team to expand capabilities in support of this strategy and build on its heritage of outstanding customer service and product quality,” commented Pete Ostergard, Partner at Edgewater Capital.
Chris Springer, Operating Partner at Edgewater Capital, added, “Naprotek’s service model is really unique in the electronics value chain. With an organization that is purpose-built for agility and technical complexity, it is no wonder that customers trust Naprotek with their Hi-Rel applications.”
“Naprotek is very pleased to partner with Edgewater Capital. With relevant industry experience, Edgewater Capital was quick to recognize the special attributes of Naprotek and the value that we bring to our customers. We remain committed to supporting our customers on their most challenging projects and look forward to expanding our capabilities and delivering even greater value in the future,” said Najat Badriyeh, Founder and Chief Executive Officer of Naprotek.