BDO Capital Advises on Sale of SMT, Corp.

Boston, MA – October 11, 2022 – BDO Capital Advisors, LLC (BDO Capital) is pleased to announce the sale of SMT, Corp. (SMT) to Certify Holdings, Inc., an entity formed by Harwood Capital (Harwood).  BDO Capital served as exclusive financial advisor to SMT on this transaction, which builds on the firm’s experience working with founder-owned companies in the aerospace & defense, and value-added distribution sectors.

SMT, founded in 1999, is a supplier of obsolete and hard to find critical electronic components that it locates, tests, certifies, and re-sells.  SMT’s main focus is on the US Aerospace & Defense Industry which demands the highest in component quality, traceability and inspection documentation for high-reliability applications. Terms of the transaction were not disclosed.

Harwood Capital is a London-based investment manager.  Certify Holdings, Inc is backed by Harwood Private Equity funds and Harwood affiliate North Atlantic Smaller Companies Investment Trust PLC. Harwood takes an active role in supporting the companies they invest in with the aim of adding significant value.