NetBrands signs letter of intent to acquire controlling stake in High Speed Interconnects
NBND•NetBrands signed a nonbinding letter of intent to acquire a controlling interest in High Speed Interconnects. Preliminary, unaudited management figures project combined fiscal 2026 revenue of up to $20 million and EBITDA of $4 million, with forecast recurring commitments of $20 million–$30 million for 2027 and beyond.
1. Proposed acquisition
NetBrands signed a nonbinding letter of intent to acquire a controlling interest in High Speed Interconnects, which manufactures high-performance cable assemblies for aerospace, defense and other advanced technology markets. If the deal closes, HSI would operate as a subsidiary.
2. Financial projections
Preliminary, unaudited management figures indicate combined fiscal 2026 revenue of up to $20 million and EBITDA of $4 million. Forecast recurring commitments total $20 million–$30 million for 2027 and beyond; the projections remain unverified. Completion is subject to definitive agreements, due diligence and closing conditions.
