Advisor to Southeast Asian Integrated Test Interface Solutions Company

Our team served as an exclusive advisor to the shareholders of Equiptest Engineering (“Company”), on its acquisition by Cohu Inc., a United States headquartered, global supplier of equipment and services to the semiconductor manufacturing industry.

Established in 2001, Equiptest Engineering has been providing innovative test solutions and cost-effective solutions by leveraging on their strong experience in integrating emerging applications to meet their customers' stringent requirements. For the past 22 years, the company has enjoyed a solid reputation amongst its global clients. They are a manufacturer for OEM equipment parts as well as contact mediums such as spring probes and cantilever contacts. The company is headquartered in Singapore and has established offices globally, including Malaysia, Indonesia, Taiwan, Philippines, China, Europe and the United States.

The buyer, Cohu Inc., is a global supplier of equipment and services optimizing semiconductor manufacturing yield and productivity. Cohu Inc. offers the broadest portfolio of equipment and services for back-end semiconductor manufacturing, including a one-stop shop for test and handling equipment, thermal subsystems, interface solutions, vision inspection & metrology and MEMS test solutions.

This acquisition provided Cohu Inc. an opportunity to accelerate customer penetration, expand product offerings, as well as manufacturing and customer base. Cohu Inc. expects to draw upon the collective expertise of both companies to better serve their semiconductor customers to grow in mid- to high-power test applications in automotive and industrial markets. Both the buyer and the seller believe this synergistic partnership will provide a geographical advantage, expand business networks, and offer new products and services to customers.

Our team served as the exclusive financial advisor to the Company’s shareholders and assisted in initiating, structuring, and negotiating the transaction on behalf of the company. Our involvement in the process emphasized open and honest communication which encourage transparency which fosters trust that lays a solid foundation for successful deals. We promoted a problem-solving approach, leveraging the collective intelligence of both parties to address challenges creatively and effectively. We identified and resolve potential risks early in order to reduce the likelihood of disputes, saving both parties time and resources down the road. This transaction exemplifies the continued success of our team’s dedicated coverage of the Industrials sector and highlights our cross-border expertise.