TTM agrees $1.1 billion Epiq acquisition-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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TTM agrees $1.1 billion Epiq acquisition

Grafa
08-18 14:57

Full story: https://grafa.com/en/news/united-states/ttm-technologies-1-1-billion-epiq-design-solutions-acquisition

TTM agreed to acquire Epiq Design Solutions for approximately $1.1 billion in cash, subject to customary closing adjustments.
TTM shares were up about 0.9% at $140 in pre-market trading following the announcement.
TTM expects the acquisition to immediately increase Adjusted EBITDA margin and become accretive to non-GAAP diluted EPS during 2028.

TTM Technologies (NASDAQ:TTMI) agreed to acquire Epiq Design Solutions for approximately $1.1 billion in cash to expand its integrated electronics portfolio.

TTM said Epiq adds software-defined radios, RF products and space computing technology for defense applications, including missile defense, electronic warfare and ISR.

TTM cited a 17.4x synergy-adjusted expected 2027 adjusted EBITDA multiple, with committed financing from JPMorgan, Bank of America and Barclays.

TTM expects 2.3x net leverage at closing and targets 1.5x–1.7x within 12–18 months.

Following the announcement, TTM Technologies' share price was up 0.9% at $140 in pre-market trading.

TTM reported record Q2 2026 sales of $1 billion, with Aerospace and Defense representing 37% and program backlog exceeding $1.7 billion.

TTM is also pursuing European acquisitions and plans $1.2 billion of Data Center and Networking capacity investments between 2025 and 2029.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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acquisition","html":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7ec23aa9edeb07f216418d0ca51aaf51\" tg-width=\"1672\" tg-height=\"941\"></p>\n<p>Full story: https://grafa.com/en/news/united-states/ttm-technologies-1-1-billion-epiq-design-solutions-acquisition</p>\n<ul>\n <li>\n  <p>TTM agreed to acquire Epiq Design Solutions for approximately $1.1 billion in cash, subject to customary closing adjustments.</p></li>\n <li>\n  <p>TTM shares were up about 0.9% at $140 in pre-market trading following the announcement.</p></li>\n <li>\n  <p>TTM expects the acquisition to immediately increase Adjusted EBITDA margin and become accretive to non-GAAP diluted EPS during 2028.</p></li>\n</ul>\n<p style=\"text-align: start;\">TTM Technologies (NASDAQ:TTMI) agreed to acquire Epiq Design Solutions for approximately $1.1 billion in cash to expand its integrated electronics portfolio.</p>\n<p style=\"text-align: start;\">TTM said Epiq adds 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class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7ec23aa9edeb07f216418d0ca51aaf51\" tg-width=\"1672\" tg-height=\"941\"></p>\n<p>Full story: https://grafa.com/en/news/united-states/ttm-technologies-1-1-billion-epiq-design-solutions-acquisition</p>\n<ul>\n <li>\n  <p>TTM agreed to acquire Epiq Design Solutions for approximately $1.1 billion in cash, subject to customary closing adjustments.</p></li>\n <li>\n  <p>TTM shares were up about 0.9% at $140 in pre-market trading following the announcement.</p></li>\n <li>\n  <p>TTM expects the acquisition to immediately increase Adjusted EBITDA margin and become accretive to non-GAAP diluted EPS during 2028.</p></li>\n</ul>\n<p style=\"text-align: start;\">TTM Technologies (NASDAQ:TTMI) agreed to acquire Epiq Design Solutions for approximately $1.1 billion in cash to expand its integrated electronics portfolio.</p>\n<p style=\"text-align: start;\">TTM said Epiq adds software-defined radios, RF products and space computing technology for defense applications, including missile defense, electronic warfare and ISR.</p>\n<p style=\"text-align: start;\">TTM cited a 17.4x synergy-adjusted expected 2027 adjusted EBITDA multiple, with committed financing from JPMorgan, Bank of America and Barclays.</p>\n<p style=\"text-align: start;\">TTM expects 2.3x net leverage at closing and targets 1.5x–1.7x within 12–18 months.</p>\n<p style=\"text-align: start;\">Following the announcement, TTM Technologies' share price was up 0.9% at $140 in pre-market trading.</p>\n<p style=\"text-align: start;\">TTM reported record Q2 2026 sales of $1 billion, with Aerospace and Defense representing 37% and program backlog exceeding $1.7 billion.</p>\n<p style=\"text-align: start;\">TTM is also pursuing European acquisitions and plans $1.2 billion of Data Center and Networking capacity investments between 2025 and 2029.</p></body></html>","text":"Full story: https://grafa.com/en/news/united-states/ttm-technologies-1-1-billion-epiq-design-solutions-acquisition TTM agreed to acquire Epiq Design Solutions for approximately $1.1 billion in cash, subject to customary closing adjustments. TTM shares were up about 0.9% at $140 in pre-market trading following the announcement. TTM expects the acquisition to immediately increase Adjusted EBITDA margin and become accretive to non-GAAP diluted EPS during 2028. TTM Technologies (NASDAQ:TTMI) agreed to acquire Epiq Design Solutions for approximately $1.1 billion in cash to expand its integrated electronics portfolio. TTM said Epiq adds software-defined radios, RF products and space computing technology for defense applications, including missile defense, electronic warfare and ISR. TTM cited a 17.4x synergy-adjusted expected 2027 adjusted EBITDA multiple, with committed financing from JPMorgan, Bank of America and Barclays. TTM expects 2.3x net leverage at closing and targets 1.5x–1.7x within 12–18 months. Following the announcement, TTM Technologies' share price was up 0.9% at $140 in pre-market trading. TTM reported record Q2 2026 sales of $1 billion, with Aerospace and Defense representing 37% and program backlog exceeding $1.7 billion. 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