PORTLAND (January 4, 2021)—Perkins Coie client SMTC, a global electronics manufacturing services provider, announced it has entered into a definitive merger agreement with an affiliate of H.I.G. Capital. For more information, please see SMTC’s press release.

Corporate & Securities Practice Co-chair Christopher Hall led the Perkins Coie deal team, which also included counsel Jonathan Schulman, and associates Angie Burcham and Thomas Vogt.

Under the terms of the merger agreement, an affiliate of H.I.G. will acquire all outstanding shares of SMTC Corporation’s common stock for $6.044 per share in cash, which represents a premium of approximately 22% over SMTC Corporation’s closing share price on December 31, 2020, and 66% over the share price 60 days ago.

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