Bridgepoint Backs Management Buyout of SPP Process
Private equity firm Bridgepoint is backing a management buyout of SPP Process Technology Systems from its parent company Sumitomo Precision Products, the firm announced. SPP Process Technology Systems designs, develops and manufactures equipment used in the production of devices on semiconductor substrates. Financial terms of the deal were not released. SPP Process has operations in Newport, Wales, and in San Jose, Calif.
Bycnolan
27 June 2011•4 mins read
