Presidio Investors Announces Sale of ElevATE Semiconductor to Diodes Incorporated

Sale to Nasdaq-listed strategic acquirer marks successful realization of Presidio’s first continuation fund AUSTIN, Texas — Presidio Investors (“Presidio”), a lower middle market private equity firm, today announced that it has entered into a definitive agreement to sell ElevATE Semiconductor, Inc. (“ElevATE”) to Diodes Incorporated (Nasdaq: DIOD) in an all-cash transaction valued at $250 million. […]