Updated:
Prime Technological Services
Prime Technological Services was founded in 1989 by a core team of industry veterans.
Prime Technological Services
Prime Technological Services was founded in 1989 by a core team of industry veterans. In 2007, a private investment firm specializing in mid-size manufacturers bought the company, then Greg Stern — who holds an MBA from Harvard Business School — took over as President and CEO in June 2009. The ownership entity is Covey Equity LLC, which counts Stern as an Operating Partner. The firm operates as an electronics manufacturing services (EMS) provider serving 18 industry verticals including aerospace, defense, medical, industrial, telecommunications, and energy. Prime runs four precision SMT lines with 3D vision and recently invested $2.5 million in advanced robotics. It handles high-mix, low-to-higher-volume production with quick-turn prototyping. The company maintains a 50,000-square-foot facility in Suwanee, Georgia and a second location in Havana, Florida (acquired via the TeligentEMS deal in January 2020). Known portfolio clients serve military and medical markets, though specific company names are not publicly listed. Prime has roughly 100 employees across two sites, per internal officer counts. The leadership team includes Chief Revenue Officer Joe Litavis (joined 2019), CFO Chris Stern (joined 2020 via TeligentEMS), and Vice President Lisa Stern (20+ year veteran). Greg Stern is a member of the Young Presidents Organization (YPO) and the YPO Electronics Industry Network. The firm holds certifications including ISO 9001, AS9100, ISO 13485, and ITAR registration. In January 2020, Prime acquired TeligentEMS’s Havana facility.
General information
Firm type
Family Office
Year founded
1989
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Suwanee
Corporate office
Suwanee, GA, United States
Principals
Greg Stern
President and CEO
Joe Litavis
Chief Revenue Officer
Chris Stern
Chief Financial Officer
Lisa Stern
Vice President, Georgia Operations
Sector focus
Frequently asked questions
Who owns Prime Technological Services?
Prime is owned by Covey Equity LLC, a private investment firm that specializes in mid-size manufacturers. Covey acquired Prime in 2007. Greg Stern, the President and CEO, is also an Operating Partner at Covey.
What is Prime's investment posture?
Prime operates as an operating company, not a traditional investment vehicle. It deploys capital into manufacturing equipment and facilities — including a $2.5 million robotics investment — rather than making external financial investments. Covey Equity treats Prime as a portfolio company investment.
Does Prime have a family-office structure?
Prime is an operating company owned by a private investment firm. It does not disclose any separate family-office operations or wealth-management activities.
What industries does Prime serve?
Prime lists 18 verticals on its website, with named examples including aerospace and defense, medical, industrial, consumer electronics, telecommunications, IoT, biometrics and security, transportation, robotics and automation, satellite and cellular communications, energy, nuclear safety, lighting, environmental controls, POS and hospitality, gaming and entertainment, cable and broadcasting, and computing.
Who makes investment decisions at Prime?
Greg Stern, as President and CEO, runs the company's strategic and capital decisions. The board of Covey Equity, the majority shareholder, likely governs major outlays such as acquisitions or large equipment purchases.
What certifications does Prime hold?
Prime holds ISO 9001, AS9100, and ISO 13485 certifications; ITAR registration; RoHS compliance; IPC standards certification; and LEAN/Six Sigma Green Belts.
What is the size of Prime's facility?
Prime operates a 50,000-square-foot high-tech facility in Suwanee, Georgia, plus a second location in Havana, Florida acquired in the TeligentEMS deal.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: