New York, NY (May 25, 2010) – Minco Technology Labs, Inc. of Austin, TX has been acquired by RockWood Equity Partners, LLC of Beechwood, OH. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Minco Technology Labs, Inc.

Minco Technology Labs, Inc. (www.mincotech.com) is a leading manufacturer and assembler of end-of-life and obsolete semiconductor components used in the military, aerospace, medical, energy, and industrial markets. Minco also provides third-party packaging, wafer & die processing, and testing services for obsolete semiconductor components. Minco was founded in 1981 by Elizabeth Coker, Donald Potter, and Rebecca Shackelford.

RockWood Equity Partners, LLC (www.rockwoodequity.com) is a private equity investment firm that partners with management teams to acquire and build companies with sales typically between $10 million and $100 million. RockWood typically invests in niche manufacturing, value-added distribution and business service companies. RockWood works closely with its management partners to create long-term value through growth—generated internally as well as through targeted acquisitions—and through operational improvements. RockWood was founded in 1999 and is based in Beechwood, Ohio with an additional office in New York, New York.

Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 - $450 million.