Avedon Capital Partners Acquires Eurocircuits to Boost Growth

Avedon Capital Partners has entered into a strategic partnership with Eurocircuits, a prominent manufacturer of printed circuit boards (PCB) and printed circuit board assemblies (PCBA) in Europe. Founded in 1991, Eurocircuits specializes in prototyping and low-volume production for professional electronics, serving over 15,000 active customers across Europe and India.

The partnership aims to support Eurocircuits in its next phase of growth while maintaining its digital-first approach and engineering-driven culture. Avedon, a private equity firm based in Amsterdam and Düsseldorf, focuses on partnering with ambitious entrepreneurs to accelerate growth and enhance operational efficiencies.

While the specific financial terms of the deal have not been disclosed, the transaction is expected to close by the second quarter of 2026, pending customary closing conditions and regulatory approvals. Level Next acted as the sell-side advisor for Eurocircuits’ shareholders.

Eurocircuits operates production facilities in Germany, Hungary, and India, and is known for its highly integrated, digital-first business model. This model allows customers to interact with the company through online platforms that streamline design verification, pricing, ordering, and tracking, significantly reducing iteration cycles and ensuring high-quality production.

Avedon’s investment is anticipated to enhance Eurocircuits’ market position by scaling its digital and technological capabilities, including the application of artificial intelligence across the organization. The partnership is designed to provide both strategic and financial backing for sustainable, long-term growth.

“In Avedon, we have found a partner who understands what makes Eurocircuits different and why that matters to our customers,” said a Eurocircuits executive. “This partnership enables us to invest further in our platforms, our people, and our manufacturing capabilities.”

Avedon’s representative commented, “Eurocircuits is a clear niche leader with a highly differentiated proposition. We look forward to working closely with the founders and management team to support the next stage of growth.”

As the PCB and PCBA market continues to evolve, this acquisition positions Eurocircuits to capitalize on emerging opportunities, particularly in the DACH region and beyond. The focus on low-volume, high-mix production complements traditional volume-driven manufacturing models, allowing Eurocircuits to serve a diverse customer base effectively.

Looking ahead, the integration of Avedon’s resources and expertise is expected to streamline operations and enhance Eurocircuits’ digital manufacturing capabilities. However, challenges may arise in maintaining the company’s entrepreneurial culture and aligning operational processes.

Overall, this strategic partnership marks a significant step for Eurocircuits as it seeks to strengthen its competitive edge in the PCB manufacturing sector.