Janes Capital Partner advises Intri-Plex Technologies Inc., a portfolio company of Summit Partners, on its recapitalization by RLH Equity Partners

Santa Barbara-based Intri-Plex Technologies Inc. manufactures high-precision metal components used in disk drives and chips. The company has annual sales of about $30 million. The total size of the deal is around $20 million, including recapitalization of debt and equity. Riordan Lewis is the primary investor in the deal, resulting in around 40% stake of the equity, while Wells Fargo & Co. funded the debt portion. Part of the new money brought in by Riordan was used to pay off old debt and part of it went to support future growth.