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Behrman Capital-backed Micross acquires Semtech’s high-reliability discrete diodes and assemblies business

Micross Components, a provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications and a portfolio company of Behrman Capital, has acquired the High-Reliability Discrete Diodes and Assemblies business of Semtech Corporation, a global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms.

Micross’ acquisition – the fifth under Behrman Capital’s ownership and first since consummating a continuation fund transaction in February of 2022 – addresses a number of strategic priorities for the Company. The addition of Semtech’s High-Reliability Discrete Diodes and Assemblies Product portfolio provides Micross with power management components that are supported by a high degree of intellectual property. The acquisition also expands Micross’ footprint with a manufacturing presence in Mexico, offering a new beachhead for future growth and expansion opportunities.

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