TTM Technologies completes $1.1 billion acquisition of Epiq Solutions
TTMI•TTM Technologies completed its all-cash acquisition of Epiq Design Solutions for $1.1 billion, subject to customary closing adjustments. The deal was funded with $300 million and $800 million incremental term loans and proceeds from a senior notes offering.
1. Acquisition completed
TTM Technologies said it completed the all-cash acquisition of Epiq Design Solutions for $1.1 billion, subject to customary closing adjustments. Epiq provides AI-enabled software-defined radios, high-performance RF products and radiation-tolerant space compute for signals intelligence and electronic warfare. TTM expects the acquisition to be immediately accretive to adjusted EBITDA, moderately dilutive to non-GAAP diluted EPS in 2027 and accretive in 2028.
