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Sterling National Bank Supports Edgewater Capital’s Acquisition of Pure Wafer Reclaim Services

October 23, 2018, 08:03 AM
Filed Under: Semiconductor

Sterling National Bank provided senior secured credit facilities to Pure Wafer Reclaim Services, LLC in support of Edgewater Capital Partners' acquisition of the company.

Headquartered in San Jose, CA, Pure Wafer is currently the largest U.S.-based provider of silicon wafer reclaim services and also supplies virgin silicon wafers, specialty thin film deposition products, and silicon parts and services. Wafer was founded in 2008, adopting the Pure Wafer name. The Company possesses a unique processing capability which reclaims silicon wafers to the highest quality specifications in the U.S. market. Wafer operates from two manufacturing facilities strategically located near its primary customers in San Jose, CA and Prescott, AZ. The Company also has several sales offices, both domestic and international, near the world’s largest microchip manufacturers.

This transaction was led by Lisa Adams in our San Francisco, CA office.

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