Cascadia Capital, an investment bank serving middle market clients globally, is pleased to announce it acted as the exclusive financial advisor to NxEdge, Inc. on its acquisition by Trive Capital. Based in Boise, Idaho, NxEdge is a leading supplier of specialty coated components to the semiconductor market.
NxEdge delivers engineered materials and coating solutions used in the chambers of semiconductor fabrication tools of the world’s premier original equipment manufacturers. The company’s highly customized solutions and expertise in Engineered Material Coatings (EMC) allows both global leading chip manufacturers and OEM equipment makers to achieve next generation technologies. Trive Capital acquired a majority stake in NxEdge and will work with the team to further the company’s growth and capabilities.
“The semiconductor industry can be a challenging place for M&A due to the perceived demand volatility, but we believe that volatility is moderating and supply chain optimization will continue to create opportunities. Trive’s experience with Valence Surface Technologies made it a natural partner for NxEdge and supporter of its strategic path forward,” said Mike Kelley, Senior Vice President of Cascadia Capital.
“NxEdge works incredibly hard to be a world-class partner to our customers and expected nothing less from our financial advisor in this transaction. Cascadia went above and beyond our expectations to be the same caliber partner to us,” said Jackson Chao, CEO of NxEdge.
For more information about this transaction, please feel free to contact the deal team: