M&A · Tech · Printed Circuit Boards
Transom Capital Group to acquire Sigmatron International Inc
Announced May 21, 2025 · Closed Jul 28, 2025
Deal value$83MEV $83M
Premium134.0%To unaffected price
EV / Adj. EBITDA—0.3x EV / Revenue
ConsiderationAll cash$3.02 per share
Transaction
- Acquirer
- Transom Capital Group
- Target
- Sigmatron International Inc (SGMA)
- Buyer type
- Private equity
- Offer price per share
- $3.02
- Enterprise value
- $83M
- Status
- Closed Jul 28, 2025
Deal protections
- Break fee (target pays)
- $0.8M · 0.9%
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- —
Advisors
- To the acquirer
- Not disclosed
- To the target
- Lincoln International
- Lincoln International fee
- $5.0M
Sector context · Tech
- Comparable deals
- 59 in the prior 24 months
- Premium
- 134.0% vs. 35.0% sector median
- EV / Adj. EBITDA
- Sector median 16.7x
- Break fee
- 0.9% vs. 3.1% sector median
Timeline
- AnnouncedMay 21, 2025
- Tender offerJun 26, 2025
- ClosedJul 28, 2025
Valuation · fairness opinions
Trading comparables$1.60$3.16
Discounted cash flow$2.59$3.84
Offer $3.02
Implied value per Sigmatron International Inc share by analysis, from Lincoln International · DCF discount rate 18.75%–20.75%.