FTG Advises Principal Mineral on Capital Structure,
Growth Financing

FORT LAUDERDALE, Fla., June 30, 2026 – FTG & Co., a leading investment bank serving middle market growth companies, announced today that its affiliate Bayshore Partners, LLC advised Principal Mineral in its recent growth financing completed earlier this month.  Principal Mineral raised $280 million of debt and equity capital to support its next phase of growth and to finance the acquisition of Isola Group (“Isola”), a premier global manufacturer of copper-clad laminates and dielectric prepregs used in printed circuit boards (PCBs).

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Adam Johnson, Chief Executive Officer of Principal Mineral, remarked: “We enjoyed working with FTG tremendously.  Their senior partners, including Scott Saunders, provided considerable expertise in optimizing our capital structure, dealing with a broad range of potential investors throughout our financing process.”

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Together with Camden Copper, North America's only producer of electrodeposited copper foil, the acquisition strengthens Principal Mineral's ability to serve customers across the electronics value chain. The combined offering enhances manufacturing capabilities and supply-chain resilience for critical industries while bringing together two foundational materials used in advanced PCBs: copper foil and copper-clad laminates.

 

The funding was co-led by Overmatch Ventures and The New Industrial Corporation, with participation from J2 Ventures, Ensemble VC, and other existing and new investors, alongside a credit facility provided by Lane42 Investment Partners. The capital raise will support integration of the combined company, expansion of advanced manufacturing capacity, continued technology development, and long-term investment in critical supply-chain capabilities across North America, Europe, and Asia.

 

"The addition of Isola advances our mission to build resilient supply chains that power the world's most important technologies," said Adam Johnson.  "Together with our existing operations, Isola strengthens the manufacturing capabilities that underpin advanced electronics, helping reduce supply-chain vulnerabilities while ensuring customers have reliable access to the materials needed for aerospace, communications and satellites, AI infrastructure, and energy applications."

 

About Principal Mineral

​Principal Mineral is a leader in ensuring resiliency for the industrial "missing midstream” of the critical materials supply chain, the key layer between upstream metals and the finished technologies necessary for advanced electronics systems, communications equipment, AI infrastructure, and other cutting-edge applications.  Through its portfolio of technologies and operations, it provides scaled production of critical mineral and material inputs for the electronics, defense, and energy industries, while building strategic partnerships that accelerate the development of essential capabilities and establish durable and globally competitive production. To learn more, visit www.PrincipalMineral.com.

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​About FTG & Co.​

FTG & Co., LLC, and its affiliate Bayshore Partners, LLC, a broker-dealer registered with FINRA, provide merger and acquisition, private placement and financial advisory services to growth companies and their investors.
Please visit www.ftgco.com for more information.