#United States #Stamford #Neotech #Arkview Capital #Virtex

NEOTech Expands Capabilities with Virtex Acquisition

On August 6, 2026, NEOTech, a notable player in high-reliability electronic manufacturing, announced its acquisition of Virtex, significantly enhancing its manufacturing capabilities and positioning within the defense industry. With this strategic move, NEOTech aims to capitalize on the synergies between the two companies to better serve mission-critical markets.

Virtex, based in the United States, specializes in high-reliability electronic manufacturing services and operates five facilities nationwide. The company's comprehensive offerings include engineering and testing, supply chain management, printed circuit board assembly, cable and harness assembly, full-system integration, direct-order fulfillment, and ongoing aftermarket support. Their integration into NEOTech means that the combined company will now operate out of eleven facilities and employ over 2,500 individuals, representing a significant workforce dedicated to advancing defense manufacturing.

The acquisition marks a pivotal moment for NEOTech as it seeks to bolster its engineering and production capabilities. By expanding its domestic manufacturing base, NEOTech will be better equipped to cater to defense customers throughout the entire product lifecycle, from initial design and prototyping through to production and lifecycle support. This comprehensive approach includes enhanced systems that will facilitate better quality assurance and responsiveness, crucial aspects in today's competitive market for defense technology.

Pavel Chernyshov, Co-Founder of Arkview Capital, expressed enthusiasm about the acquisition, noting, "Virtex is a highly respected company with a talented team, strong customer relationships, and differentiated capabilities across some of the most demanding end markets. This acquisition represents an important step in our strategy to build NEOTech into a large-scale manufacturing partner for our defense customers. We are excited to welcome the Virtex team and support the combined organization's continued growth."

Furthermore, Frank Crocker, Principal at Arkview Capital, emphasized the strategic fit between NEOTech and Virtex, stating that both businesses serve similar defense customers and focus on complex manufacturing for critical products. This alliance will not only enhance the customer experience by increasing capacity but also provide a broader array of capabilities.

With this acquisition, NEOTech is set to remain committed to investing in advanced manufacturing technologies, improving engineering expertise, and refining its quality and supply chain systems. Courtney Ryan, an executive member at NEOTech, added, "Virtex brings an experienced team, a strong domestic manufacturing network, and key capabilities that align closely with our existing operations and long-term strategy. We look forward to uniting our teams and building a strong, more diversified organization."

As both companies integrate their operations, NEOTech aims to maintain strict operational standards and uphold the high-quality service that their customers have come to expect. The combined expertise and resources from both firms are expected to position NEOTech as a formidable leader in the complex, low-to-medium-volume, high-mix electronic manufacturing landscape, especially in the defense sector.

Arkview Capital, the private equity firm behind this acquisition, has been instrumental in identifying and investing in growth-oriented businesses within the industrial technology and manufacturing sectors. Their proactive approach, alongside strategic advisory support from firms such as Sheppard Mullin, Greenberg Traurig, Virtas Partners, and RSM, has been key in structuring this significant deal.

In summary, the acquisition of Virtex is not just a merger of assets but a strategic enhancement of NEOTech's ability to provide robust support to the defense sector, ensuring mission-critical products are manufactured with the utmost quality and innovation.