Green Circuits

What Green Circuits does

Green Circuits is a Silicon Valley-based Electronics Manufacturing Services (EMS) company that designs, fabricates, and assembles printed circuit boards and complete box-build products for OEMs in aerospace, defense, medical technology, satellite, aviation, eVTOL, automotive, semiconductor, battery, and industrial/robotics sectors. Founded in 2006 and consolidated through a 2018 merger with Power Design Services, the company operates from a single 60,000-square-foot facility in San Jose, California, running five surface-mount technology (SMT) production lines equipped with 20 Juki pick-and-place machines capable of placing components as small as .01005 at .025mm precision, supported by Nordson DAGE X-ray inspection, Anda iCoat-5 conformal coating, Heller nitrogen reflow ovens, and TAKAYA flying probe testers.

Its service portfolio spans quick-turn PCB assembly, system/box-build integration, PCB design and engineering, PCB fabrication, BGA rework, test and burn-in, failure analysis, and supply chain management, with quotes delivered in as little as four hours and turnarounds as fast as one to three days. Roughly 68% of production is prototype work and 32% low-volume production, with testing representing 32% of builds and box builds 20%. Differentiators center on regulatory credentials — ITAR, AS9100D, ISO 9001:2015, ISO 13485:2016, J-STD-001 Space and Military Addendum, NIST SP 800-171, and CMMC Level 2 (with a perfect 110/110 SPRS score) — and on a 43-technician IPC-certified workforce led by CEO Michael Hinshaw and COO Mark Evans, both appointed in 2021.

The business model is project-based services revenue from enterprise OEMs: customers submit RFQs through an online portal or phone channel and receive custom quotes; there is no published pricing. Distribution is direct sales-led (inside sales plus field account management) targeting enterprise OEMs requiring high-mix, high-complexity assemblies. The company was owned by Evolve Capital from approximately 2018 to June 2026, during which revenue doubled and EBITDA grew 2.5x (yielding a 3.5x return on invested capital), before being acquired by Metatron Private Equity, an investment platform formed by Reichmann Segal Capital Partners.

Name

Green Circuits

Legal name

Green Circuits Inc.

Website

https://greencircuits.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

Green Circuits is a San Jose-based Electronics Manufacturing Services (EMS) provider specializing in quick-turn, high-mix PCB assembly and box-build integration for aerospace, defense, medical, and advanced-technology OEMs, operating five SMT lines from a 60,000-sq-ft Silicon Valley facility.

Ownership category

akta.pro rank

Product category

Electronics Manufacturing Services (PCB Assembly & Box Build)

NAICS

Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418), Bare Printed Circuit Board Manufacturing (334412)

SIC

Printed Circuit Boards (3672), Electronic Components, Nec (3679)

akta.pro primary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

akta.pro secondary industries

PCB Fabrication (Rigid PCBs) (HDAHAOAG), PCB Fabrication (Flex & Rigid-Flex PCBs) (HDAHAOAH)

Keywords

• Electronics manufacturing services
• Quick-turn PCB assembly
• Surface mount technology
• Prototype PCB fabrication
• Box build integration

Headquarters

HQ city

San Jose

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. PCB Assembly Services: Quick-turn PCB assembly services for prototype through production volumes, including surface mount technology and through-hole assembly. Turnaround times as fast as 1-3 days for board-level assembly.
2. System/Box Build Assembly: End-to-end manufacturing delivering completely integrated, tested and packaged products including sub-assembly installation, cable assemblies, wiring harnesses, software loading, and order fulfillment.
3. PCB Design and Engineering Services: Full turn-key hardware design services including schematic capture, PCB layout design, thermal/power simulation, and design for manufacturability (DFM), test (DFT), and cost (DFC) reviews.
4. PCB Fabrication: PCB fabrication services including impedance calculations, stack-up reviews, materials selection for flex, rigid/flex and rigid PCBs. Materials include Isola FR4, Nelco, Rogers substrates.
5. BGA Rework Services: Precision troubleshooting, diagnosis and rework services for complex PCB issues including component removal/replacement, pad/trace repair, and solder mask repair.
6. Test & Burn-In Services: Electrical and mechanical testing services including functional testing at board and system level, flying probe testing, and burn-in processes to ensure product reliability.
7. Failure Analysis Lab: Root cause failure analysis services to identify design flaws, manufacturing defects, or material defects using comprehensive inspection and testing technology.
8. Supply Chain & Logistics Services: Smart sourcing techniques and supply chain management for component procurement, obsolescence management, and order fulfillment.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Green Circuits is an electronics manufacturing services (EMS) provider that designs, fabricates, and assembles printed circuit boards (PCBs) for prototype through low-volume production. Its core offering is quick-turn PCB assembly — surface mount and through-hole — supported by PCB design/engineering, PCB fabrication, system/box build integration, BGA rework, test and burn-in, failure analysis, and supply chain management for OEM customers.

Product overview

Green Circuits is an Electronic Manufacturing Services (EMS) provider offering a comprehensive suite of PCB and electronic assembly services. The portfolio includes Quick-Turn PCB Assembly as the core service, supported by System/Box Build Assembly, PCB Design and Engineering, PCB Fabrication, BGA Rework, Test and Burn-In, Failure Analysis Lab, and Supply Chain and Logistics services. The company operates a 60,000-square-foot facility in San Jose, California with five SMT production lines using Juki equipment, specializing in high-mix, high-complexity assemblies for prototype through low to medium volume production. The company serves aerospace, defense, medical, satellite, aviation, eVTOL, automotive, semiconductor, battery, industrial, and robotics industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Quick-Turn PCB Assembly Services Expedited surface mount and through-hole printed circuit board assembly with quick-turn turnaround (standard 1–3 days, same-day available) for prototype through low-volume production runs, serving OEMs in aerospace, defense, medical, satellite, and advanced technology sectors.
• System/Box Build Assembly and Integration Services End-to-end system integration delivering completely assembled, tested, and packaged products, including sub-assembly installation, cable assemblies, wiring harnesses, PCB insertion, software loading, product configuration, functional testing, packaging, labeling, and order fulfillment for OEM customers.
• PCB Design and Engineering Services Full turn-key hardware design services spanning schematic capture, PCB layout, thermal/power simulation, power integrity and signal integrity analysis, and board bring-up and testing using Altium, Cadence Allegro, Mentor Graphics PADS, and Expedition, including DFM/DFT/DFC reviews.
• PCB Fabrication Turn-key PCB fabrication using high-grade materials such as Isola FR4, Nelco 4000-6, and Rogers substrates, with surface finishes including immersion tin, immersion gold, immersion silver, and hard gold, and supporting flex, rigid/flex, and rigid board constructions.
• BGA Rework Services Precision troubleshooting, diagnosis, and rework for complex PCB issues including component removal and replacement, circuit modifications, pad and trace repair, and solder mask restoration.
• Test and Burn-In Services Electrical and mechanical testing including board-level and system-level functional test, flying probe testing, JTAG testing, and burn-in processes, using Dage Quadra 5 Pro and Dage XD7600NT equipment, to verify product reliability for aerospace, defense, medical, and industrial customers.
• Failure Analysis Lab Root cause failure identification examining failure symptoms, assembly construction, and board/component finishes to determine whether issues stem from design flaws, manufacturing defects, or material defects.
• Supply Chain and Logistics Services Smart sourcing techniques and proactive supply chain management identifying specific sourcing options based on unique product requirements and cost objectives, including component procurement, obsolescence monitoring, and order fulfillment.

Quantifiable outcome

• Quotes delivered in 4 hours or less
• +3 more outcomes

Named customers8 records

Segments10 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• Juki CorporationcoreTechnology or IntegrationEquipment partner providing SMT pick-and-place machines. Green Circuits operates 20 Juki machines across 5 SMT production lines for high-speed, high-precision PCB assembly.
• Nordson DAGEcoreTechnology or IntegrationEquipment partner providing Nordson DAGE XD7600NT Ruby X-Ray inspection machines for quality assurance in PCB assembly.
• Anda TechnologiescoreTechnology or IntegrationEquipment partner providing Anda iCoat-5 high-speed precision selective conformal coating machine for PCB protection.
• Heller IndustriescoreTechnology or IntegrationEquipment partner providing 5 Heller 10-zone reflow ovens with nitrogen reflow capability for precise temperature-controlled soldering.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Jabil: Tier-1 global EMS with broad aerospace/defense, medical, and industrial coverage and significant scale advantages. Competes with Green Circuits primarily on higher-volume follow-on production rather than prototype work.
• Sanmina Corporation: Global EMS with strong aerospace/defense, medical, and communications vertical exposure. Overlaps Green Circuits on integrated PCB-to-system builds and regulated-industry certifications but operates at materially larger scale.
• Flex Ltd: Global tier-1 EMS conglomerate serving aerospace, defense, medical, and industrial OEMs at much larger scale. Competes with Green Circuits on production-volume awards but lacks the boutique quick-turn focus; COO Mark Evans is a former Flex executive.
• Benchmark Electronics: Mid-to-large U.S. EMS focused on aerospace/defense, medical, and complex industrial customers. Comparable vertical mix and quality-system orientation, though Benchmark typically serves higher-volume programs than Green Circuits' quick-turn core.
• HSM (Hisco/Smith Manufacturing): U.S. contract manufacturer serving defense, aerospace, and industrial customers with PCB assembly, cable/harness, and integration services. CEO Michael Hinshaw previously held executive leadership roles at HSM, signaling industry overlap.

Direct peers

• SMTC Corporation: Mid-market EMS company offering PCB assembly, box build, and test services to aerospace, defense, medical, and industrial customers. Comparable scale, vertical mix, and service portfolio; VP HR Jennie Tran previously served in HR leadership at SMTC.
• Advanced Circuits: U.S.-based quick-turn PCB fabrication and assembly specialist serving prototyping and low-volume production. Directly comparable to Green Circuits in service mix and customer profile; CRO Adam Szychowski joined Green Circuits from Advanced Circuits, signaling direct industry overlap.
• Creation Technologies: Global EMS provider focused on complex, regulated end markets including aerospace, defense, and medical devices. Overlaps Green Circuits on certification stack (AS9100, ISO 13485) and customer segments; COO Mark Evans and VP HR Jennie Tran both came from Creation Technologies.
• Sierra Circuits: California-based quick-turn PCB fabrication and assembly house specializing in prototypes and low-volume runs. Directly comparable on speed-of-turn, prototype mix, and Silicon Valley presence, though narrower on the box-build and full-system integration side.

Emerging players

• SigmaTron International: Independent U.S.-based EMS provider with PCB assembly and box-build capabilities across industrial, medical, and consumer markets. Comparable in scale to Green Circuits though with less aerospace/defense certification depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/greencircuits1
• Facebookfacebook.com/GreenCircuits
• LinkedInlinkedin.com/company/greencircuits

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors7 records

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

M&A

Investments

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

Frequently asked questions about Green Circuits