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New Deal


Announced

JF Lehman-backed Narda-MITEQ to acquire Intelligent RF Solutions.

Financials

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

Tags

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electrical equipment

Majority

Electronic Components and Equipment

Friendly

semiconductors

Private

Single Bidder

Pending

United States

Domestic

Private Equity

Acquisition

Synopsis

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JF Lehman-backed Narda-MITEQ, a designer and manufacturer of custom radiofrequency, microwave subsystems and components, agreed to acquire Intelligent RF Solutions, a manufacturer of radiofrequency and microwave systems and subsystems. Financial terms were not disclosed. "Our partnership with iRF will further strengthen and broaden both organizations' market presence and penetration, customer relationships and technology and product development capabilities. We look forward to working with the current iRF management team to build upon the Company's sterling reputation and drive continued growth at Narda-MITEQ," Bob Tavares, Narda-MITEQ CEO.

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