On June 1, 2022, Align Capital Partners (ACP) announced its acquisition of StenTech, a premier provider of SMT stencils, pallets, tooling, and components to the semiconductor and electronics manufacturing industries in North America. The financial terms of the transaction were not disclosed. Since its establishment in 1999, StenTech has expanded significantly and become integral to the supply chain in its sector. The company's reputation is built on its commitment to customer service, technical expertise, and capability to deliver products with a quick turnaround. Sibthain "Sip" Akbar, StenTech's founder, sought an investment partner that respected the company's high customer service standards. He found that in ACP, citing their specialty manufacturing experience and record of supporting management teams. With the acquisition, Akbar will transition to StenTech’s Board of Directors and be succeeded by Brent Nolan, the current Vice President, as President. This investment marks the first institutional capital for StenTech since its founding. ACP sees potential for growth by investing in StenTech’s commercial and operational capacities, aiming to reinforce the company’s status as a preferred supply chain partner in North America. The transaction was managed by ACP’s Operating Partner Dave Tiley, Vice President James Moss, and Associate Scott Robbins, with Chris Jones as the Managing Partner. Legal advisors for StenTech were Torkin Manes LLP, while ACP received legal counsel from Calfee, Halter & Griswold LLP.