Skip to main content

PLEASE NOTE: For everyone’s safety, Fasken recommends anyone on-site at our Canadian offices be familiar with the COVID-19 recommendations in place which may include one or more of the following: social distancing, hand sanitizing, wearing a mask in common areas and proof of full vaccination. These measures apply to lawyers, staff, clients, service providers and other visitors.

Client Work

Moventis Capital completes acquisition of PTL Electronics for US$7 million

Reading Time 1 minute read Subscribe



Moventis Capital

On November 27, 2006, Moventis Capital, Inc., a buyout and growth management company, announced it had closed the acquisition of electronics manufacturing services (EMS) company, PTL Electronics, Ltd. PTL is now a wholly-owned subsidiary of Moventis. PTL operates within the burgeoning $115 billion EMS sector and provides electronics manufacturing services to a niche market of companies looking to design and produce very high-end and complex products ranging from ultrasound machines to alternative fuel cells. The purchase price for PTL was $7 million, paid in a combination of cash, common shares and convertible debentures. Fasken Martineau advised Moventis Capital in this acquisition with a team comprised of Iain Mant and Deepak Gill.



    Receive email updates from our team