TTM Technologies, Inc. Reports Third Quarter 2026 Results
TTM Technologies' Q3 2026 earnings release discloses that MKS Inc. has agreed to sell its Ophir Optics business to TTM for $650 million in an all-cash transaction. For MKSI, this represents a material divestiture at 10.3x expected FY2027 adjusted EBITDA, generating a significant cash inflow from a strategic buyer.
Key figures
- Deal Value Usd
- 650000000
- Counterparty
- TTM Technologies (TTMI)
- Deal structure
- all-cash, funded via cash on hand, future cash flow, and revolver borrowings
- Acquisition ebitda multiple
- 10.3x expected FY 2027 Adjusted EBITDA
AI analysis
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