TTM to acquire Epiq Solutions for $1.1B in defense electronics push
What's the deal? TTM TechnologiesDealroom has a profile for this one. Try Dealroom → has entered into a definitive agreement to acquire Epiq SolutionsDealroom has a profile for this one. Try Dealroom → for approximately $1.1 billion in an all-cash transaction, subject to customary closing adjustments. The deal will add Epiq's open-architecture, AI-enabled software-defined radios, RF products and space-compute solutions to TTM's defense-electronics portfolio.
Why now? The acquisition supports TTM's vertical-integration strategy across defense mission areas including missile defense, space, communications, signals intelligence and electronic warfare.
What it means TTM says the transaction is expected to be immediately accretive to adjusted EBITDA margin and accretive to non-GAAP diluted EPS during 2028. The company expects committed financing from JPMorgan, Bank of America and Barclays, subject to customary conditions.
Epiq Solutions was founded in 2009 and is headquartered in Rolling Meadows, Illinois, with additional operations in Frederick, Maryland, and Montreal. It is a portfolio company of Veritas CapitalDealroom has a profile for this one. Try Dealroom →.
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