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New Deal


Announced

Completed

Veritas Capital-backed Epiq Solutions completed the acquisition of Xiphos Systems.

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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computing solutions

Single Bidder

Private

Cross Border

Computer Hardware

Canada

Friendly

Majority

Private Equity

Acquisition

Completed

Synopsis

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Veritas Capital-backed Epiq Solutions, a provider of software defined radio and turnkey radio frequency solutions, completed the acquisition of Xiphos Systems, a provider of high-performance, space-focused computing solutions. Financial terms were not disclosed. “This transaction brings together two highly complementary, mission-focused businesses with proven track records of delivering uniquely capable small form factor sensing, processing, and communication solutions across a breadth of deployment domains. Xiphos is a leader in control and hybrid, image, and signal processing with a heritage brand that customers trust and respect. We are thrilled to join forces with the talented team at Xiphos to build upon our differentiated capability and expand our cutting-edge terrestrial solutions into space environments," John Orlando, Epiq CEO.

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