OKLAHOMA CITY -- Praesidian Capital announced the realization and exit of its investment in Green Circuits in connection with the sale of the electronics manufacturing services provider.

Praesidian provided capital to support Evolve Capital’s acquisition of Green Circuits in 2018. Based in San Jose, CA, Green Circuits specializes in quick-turn printed circuit board assembly and electronics manufacturing services for customers in the aerospace and defense, medical, industrial and other sectors.

“We are pleased to have partnered with Evolve Capital and the Green Circuits management team to support the Company's growth,” said Jason Drattell, founder and managing partner of Praesidian Capital. “We are proud to have supported a strong outcome for all stakeholders and appreciate the collaboration throughout the investment.”

Ryan Shultz, partner at Evolve Capital, said Praesidian’s support contributed to the company’s growth and success during the investment period.

Financial terms of the transaction were not disclosed.

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