14 years ago

SPP Process Technology Systems Receives Private Equity Investment from Bridgepoint

  • SPP Process Technology Systems (SPTS), a UK-based manufacturer of etch, deposition, and thermal processing equipment for the semiconductor industry, has received a private equity investment from Bridgepoint

  • Bridgepoint is backing a management acquisition of SPTS from Sumitomo Precision Products

  • Under the terms of the transaction, SPP will retain a minority stake in the new organization co-operating with it through a joint venture for the Japanese market

  • SPTS designs, develops and manufactures capital equipment that is used in the production of devices on semiconductor substrates

  • The company serves a number of end-markets including micro electro-mechanical systems (MEMS), power management, advanced packaging, high speed RF components, and light emitting diodes (LEDs) on compound semiconductor substrates.

      • ProblemTechnology

      "Semiconductor manufacturers need specialized equipment for etching, deposition, and thermal processing to create the intricate patterns and layers on semiconductor substrates."

      Solution

      "SPTS designs, develops, and manufactures capital equipment that helps semiconductor manufacturers create devices on semiconductor substrates. This equipment is used in the production of a variety of devices, including MEMS, power management, advanced packaging, high-speed RF components, and LEDs."

      Covered on