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New Deal


Announced

Completed

TT Electronics completed the acquisition of Stadium Group for £46m.

Financials

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Transaction Value£58m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1x
EV/EBITDA9.98x
Share Price Premium-
One Off Charge-

Tags

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Electronic Equipment: Other

services

manufacturing

electronics

Electronic and Electrical Equipment

Public

Scheme

Friendly

Single Bidder

United Kingdom

Acquisition

Domestic

Completed

Majority

Synopsis

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TT Electronics, an electronic connector manufacturing company, completed the acquisition of Stadium Group, a technology company, for £46m. “I am delighted to welcome Stadium’s employees and customers to the TT family. Stadium adds complementary technologies including connectivity offerings, in industries we already know well. By combining our power electronics capabilities and R&D expertise we will drive growth and opportunity for the newly enlarged TT. We are committed to providing value adding engineering solutions and outstanding service, working with our customers to create smarter solutions together,” Richard Tyson, TT Electronics CEO.

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