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New Deal


Announced

CMC Materials to acquire International Test Solutions for $125m.

Financials

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Transaction Value£89m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Semiconductors

Single Bidder

United States

technical consulting

Domestic

Friendly

Semiconductor technology

Private

Pending

Acquisition

Majority

Synopsis

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CMC Materials, a global supplier of critical materials to semiconductor manufacturers and pipeline operators, agreed to acquire International Test Solutions, a manufacturing and technical consulting services company, for $125m. "We are excited about accelerating ITS’ growth by leveraging our world-class quality systems and operations, global footprint and technical resources. We look forward to welcoming ITS’ employees to our team and our future together," David Li, CMC Materials President and CEO.

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