Sale of Advantek, LLC, a portfolio company of Tinicum, L.P., to Cornell Capital LLC
Advantek manufactures precision component packaging and delivery systems designed to transport and protect high-value semiconductor and electronic components during shipping and storage. Its solutions play an important role in the assembly process of such products as computers, mobile phones, LED lighting, medical components, smart appliances and automobiles. With manufacturing facilities across three continents and led by an experienced management team, Advantek is renowned for its advanced technical excellence, consistent product quality and high-quality service, which have enabled long-tenured relationships with a global, blue-chip customer base.