Arxis completes Omnetics Connector acquisition valued at about $770 million
ARXS•Arxis closes Omnetics acquisition
Arxis closed its acquisition of Omnetics Connector Corporation on an enterprise value of about $770 million, subject to closing adjustments.
Former Omnetics shareholders received 13,351,964 shares of Arxis Class A stock, equal to about 3.1% of common shares at closing.
Omnetics business and segment placement
Omnetics designs Micro-D-Sub and Nano-D-Sub connectors for defense, space, aerospace, and medical end markets.
The business will operate within Arxis’ Electronic Components segment.
Arxis cited a combined purchase price multiple of about 12x FY27 estimated adjusted EBITDA with its MagCanica acquisition.
