What All Flex Solutions does

All Flex Solutions is a Minnesota-based specialty contract manufacturer of flexible printed circuits, rigid flex circuits, and flexible heaters, serving life-critical and mission-critical applications in medical device, aerospace, defense, analytical/laboratory, and general electronics OEMs. The company operates four Centers of Excellence across Northfield, Bloomington, and Minneapolis, Minnesota, plus a sales and engineering office in Milpitas, California, with a workforce exceeding 300 employees and manufacturing capabilities that include panel and pattern plating, laser direct imaging, sequential lamination, Class 10,000 clean room processing, and automated 3D optical inspection. Its product portfolio centers on standard flex circuits, proprietary CatheterFlex® medical catheter circuits, Maxi-Flex® circuits exceeding 40 feet in length, HighTemp™ flex and heater products, sculptured flex, rigid flex multilayer constructions, and complete assembly services. All Flex holds an unusually deep stack of regulatory qualifications — AS9100D, ISO 9001:2015, MIL-PRF-31032/3 and /4, ITAR registration, UL Recognition for circuits and heaters, ANSI/ESD S20.20-2021, IPC 6013, IPC J-STD-001, JCP, and RoHS — that anchor its position in defense and aerospace supply chains and create high switching costs for qualified OEM customers.

The company was formed in 2022 through the merger of All Flex Flexible Circuits & Heaters and Printed Circuits Inc. under the common ownership of Granite Partners, a Minnesota-based private equity firm that had acquired All Flex Inc. in 2007 and PCI in 2020. All Flex generates revenue through quote-based, custom product sales priced per board or per square inch per layer, with multi-year contract billing cadences for qualified production work, and complementary assembly services for flex circuits, rigid flex, and heaters. Go-to-market combines direct enterprise field sales — including a VP of Sales & Marketing, VP Marketing, Director of Technical Sales, Director of Business Development, and a team of account managers — with six regional sales representative firms covering the Midwest, Northeast, Mid-Atlantic, California, and New England, supported by Application Engineers who work with customers from design concept through production. Recent capital deployment includes a $5 million SEC Form D exempt offering in September 2024, three senior hires in 2024 (CFO, R&D Manager, Director of Facilities), and material investments in manufacturing capacity and inspection automation through early 2025, signaling an active scaling phase under PE ownership.

Name

All Flex Solutions

Legal name

All Flex Solutions, Inc.

Website

https://allflexinc.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

101–250 employees

Short description

All Flex Solutions is a Minnesota-based specialty contract manufacturer of flexible printed circuits, rigid flex circuits, and flexible heaters, serving medical device, aerospace, defense, analytical, and general electronics OEMs with MIL-qualified, ITAR-registered production capabilities.

Ownership category

akta.pro rank

Headquarters

HQ city

Northfield

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Flexible Circuit Manufacturing: Custom manufacturing of flexible printed circuits including standard flex, multilayer flex, rigid flex, and specialty configurations. Revenue generated through one-time product sales based on customer specifications and order quantities.
2. Flexible Heater Products: Custom polyimide and silicone rubber flexible heaters engineered to meet specific thermal and environmental requirements. Sold as custom products with pricing based on size, complexity, and material specifications.
3. Assembly Services: Complete assembly services for flexible circuits, rigid flex circuits, and heaters including SMT assembly, wave soldering, and custom fixture development.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels7 records

Core offering

All Flex Solutions manufactures specialty flexible printed circuits, rigid flex circuits, and flexible heaters for mission-critical and life-critical applications. The company offers custom Standard Flex, Maxi-Flex®, Sculptured Flex, HighTemp™ Flex, and CatheterFlex® circuit variants, along with polyimide and silicone rubber flexible heaters and complete SMT assembly services. Products are engineered to meet stringent medical, aerospace, defense, and industrial reliability requirements with quick-turn delivery in 2-4 weeks.

Product overview

All Flex Solutions is a manufacturer of specialty flexible circuit products and flexible heaters. The product portfolio centers on Flexible Circuits (Standard Flex, Maxi-Flex®, Sculptured Flex, HighTemp™ Flex), CatheterFlex® Circuits for medical catheter applications, Rigid Flex combining rigid and flexible sections, and Flexible Heaters (Polyimide, Silicone Rubber, HighTemp™). These core products are complemented by Assembly services for integrated solutions. The company serves aerospace, medical, defense, analytical/laboratory, and general electronics industries.

Differentiator

Problem solved

Functional benefit

Brands

• CatheterFlex: Flexible circuits designed specifically for catheters that eliminate the need for wires, simplifying the manufacturing process for medical diagnosis and treatment devices.
• Maxi-Flex
• HighTemp

Products and services

• Flexible Circuits Custom flexible printed circuits that can be bent and configured in various shapes and thicknesses, including Standard Flex, Maxi-Flex®, Sculptured Flex, and HighTemp™ Flex variants, for medical, aerospace, defense, analytical, and general electronics OEMs needing compact, high-performance, high-reliability designs.
• CatheterFlex® Circuits Proprietary specialty flexible circuits designed to eliminate wires in catheter applications, simplifying manufacturing for medical catheters used in diagnosis and treatment. Targeted at medical device OEMs building catheter-based diagnostic and therapeutic devices.
• Rigid Flex Hybrid electronic packaging combining rigid and flexible sections in a single board, providing high-density circuit routing in a foldable format with high reliability in challenging environments. Used in aerospace, defense, and medical applications requiring MIL-PRF-31032 qualified constructions.
• Flexible Heaters Custom polyimide and silicone rubber flexible heaters engineered to meet specific physical, thermal, and environmental requirements, including Polyimide Heaters, Silicone Rubber Heaters, and HighTemp™ Heaters. Used in analytical instruments, laboratory equipment, medical devices, and temperature-controlled testing systems.
• Assemblies Complete assembly services including heater assembly, SMT assembly, wave soldering, and custom fixture development for flexible circuits, flexible heaters, rigid flex circuits, and CatheterFlex® circuits. Offered to customers needing integrated, ready-to-install assemblies.

Quantifiable outcome

• Quick turn delivery in 2-4 weeks for rigid flex designs after artwork approval
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Six partnerships are on record, tiered core.

• Printed Circuit Board Association of America (PCBAA)coreStrategic or Co-development Partner · 31 July 2024All Flex Solutions accepted as newest member of PCBAA, a consortium of U.S.-based companies advocating for domestic printed circuit board manufacturing. Established in 2021, PCBAA represents the interests of American PCB manufacturers in policy and industry initiatives.
• Promark Electronics, Inc.coreChannel Partner/ Reseller/ DistributorRegional sales representative covering New York- Upstate and Greater New York Area. Contact: Bob Gathercole, Phone: (585) 398-7580, www.promarkelectronics.net
• Quist ElectronicscoreChannel Partner/ Reseller/ DistributorRegional sales representative covering Minnesota, Western Wisconsin, North Dakota, South Dakota, and Nebraska. Contact: Mike Schlagel, Phone: (952) 448-6645, quist-electronics.com
• Eltron TechnologiescoreChannel Partner/ Reseller/ DistributorRegional sales representative covering Virginia, Maryland, New Jersey, Pennsylvania, and Washington D.C. Contact: Joe Jevelle & Team, Phone: (540) 233-1114, www.eltrontech.com
• Eagle Technical ProductscoreChannel Partner/ Reseller/ DistributorRegional sales representative covering California. Contact: Jeff Contestabile, Phone: (949) 305-9403, www.eagletechnicalproducts.biz
• PowerRep LLCcoreChannel Partner/ Reseller/ DistributorRegional sales representative covering Connecticut, Rhode Island, Massachusetts, New Hampshire, and Maine. Contact: Kerry Montani & Bryan Wallace, Phone: (603) 587-4102

Scale indicators5 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Minco Products: Specialty manufacturer of flexible heaters and flex circuits with deep medical, aerospace, and analytical instrumentation exposure. Closest direct peer in the flexible heater and flex circuit niche.
• Ducommun Incorporated: Aerospace and defense electronics supplier with PCB and cable assembly capabilities. Comparable in end-market focus and high-reliability manufacturing profile.
• Career Technology (Mfg.) Co., Ltd. Asian flex PCB specialist with strong rigid flex capability. Direct competitor in flex/rigid flex, particularly for multinational customers.
• Watlow Electric Manufacturing: Major industrial heater and thermal solutions manufacturer including flexible heaters. Competes directly in polyimide and silicone rubber flexible heater markets served by All Flex.
• IEC Electronics: U.S.-based contract manufacturer specializing in PCB assembly for aerospace, defense, and medical customers. Comparable in customer mix and high-reliability focus.

Broad incumbents

• TTM Technologies: One of the largest North American PCB manufacturers with broad flex, rigid flex, and aerospace/defense exposure. A direct competitor in high-reliability rigid flex but operates at a much larger scale across multiple product lines.
• Multek (a Flex company): Global flex and rigid flex PCB manufacturer with significant scale. Competes in rigid flex and assembly for high-volume applications; broader portfolio than All Flex.
• Sanmina Corporation: Large global EMS/PCB manufacturer with medical, aerospace, and industrial exposure. Overlaps with All Flex on rigid flex and assembly for regulated markets at greater scale.
• Chromalox (Spirax-Sarco): Industrial heating solutions provider, including flexible heater products. Adjacent competitor in polyimide/silicone flexible heaters for analytical and industrial applications.

Emerging players

• American Circuit Technology (ACT): Smaller specialty flex and rigid flex circuit manufacturer focused on medical, industrial, and aerospace/defense customers. Comparable niche specialty profile though smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/All_FlexInc
• YouTubeyoutube.com/c/Allflexincflexiblecircuits
• Facebookfacebook.com/AllFlexSolutions
• LinkedInlinkedin.com/company/all-flex-solutions

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about All Flex Solutions