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New Deal


Announced

Completed

Hytera Communications completed the acquisition of Sepura for £152m.

Financials

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Transaction Value£152m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.3x
EV/EBITDA65.96x
Share Price Premium-
One Off Charge-

Sources

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digital radio products

manufacturing

design

United Kingdom

Public

Scheme

Acquisition

Completed

Friendly

Single Bidder

Electronic Components and Equipment

Majority

Synopsis

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Hytera Communications, a Chinese manufacturer of radio transceivers and radio systems, completed the acquisition of Sepura, a UK-based manufacturer of Terrestrial Trunked Radio digital mobile radios and LTE system solutions, for £152m. "Adding the Sepura Group complements our strengths in technological innovation, especially in TETRA, along with adding sophisticated engineering talent and an experienced operating team. Sepura and its subsidiaries provide Hytera greater market share in the UK, Europe and North America, as well as strong channel partnerships through a worldwide dealer network,” Qingzhou Chen, Hytera Founder, Chairman and President.

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