SigmaTron to be Acquired by Transom Capital in $83 Million Deal
Deal News | May 21, 2025 | EIN
Transom Capital Group, LLC, an operationally focused middle-market private equity firm, is set to acquire SigmaTron International, Inc., a well-established electronic manufacturing services company. This acquisition, announced in a joint statement from Los Angeles and Elk Grove Village, Illinois, is structured as a merger agreement in which Transom will tender for all outstanding SigmaTron shares at a price of $3.02 per share, leading to a total enterprise value of approximately $83 million. This price represents a premium of approximately 134% over SigmaTron's market closing on May 20, 2025. The merger has received unanimous approval from SigmaTron's Board of Directors and is subject to customary closing conditions, including regulatory approvals and majority shareholder tendering. Transom aims to leverage SigmaTron's strong legacy in electronic manufacturing, deep customer relations, and proven track record for future growth. Kirkland & Ellis LLP and Lincoln International are advising on the transaction, with a closing expected in Q3 2025.
Sectors
- Private Equity
- Electronic Manufacturing Services (EMS)
Geography
- United States – Both Transom Capital Group and SigmaTron International are headquartered in the U.S., specifically in Los Angeles, California, and Elk Grove Village, Illinois.
- Mexico – SigmaTron International has manufacturing facilities in Mexico which plays a significant role in its operations.
- China – SigmaTron operates a manufacturing facility in China, indicative of their international presence and relevance in the global supply chain.
Industry
- Private Equity – Transom Capital Group is a private equity firm involved in the acquisition of SigmaTron International, which is common in the private equity sector where firms acquire companies to unlock value.
- Electronic Manufacturing Services (EMS) – SigmaTron International operates as an EMS provider, indicating industry dealings involving manufacturing and production of electronic products.
Financials
- $83 million – Total enterprise value of the acquisition deal whereby Transom Capital Group will acquire SigmaTron International.
- $3.02 per share – The cash offer per share in the tender offer for SigmaTron's common stock.
- 134% – The premium offered over SigmaTron's closing market price as of May 20, 2025.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Transom Capital Group, LLC | Acquirer | Company | An operationally-focused middle-market private equity firm specializing in unlocking value and driving transformative outcomes. |
| SigmaTron International, Inc. | Target Company | Company | An electronic manufacturing services provider operating globally with facilities in various countries. |
| Kirkland & Ellis LLP | Legal Advisor | Company | Serving as the legal advisor to Transom in the acquisition of SigmaTron. |
| Lincoln International | Financial Advisor | Company | Providing exclusive financial advisory services for SigmaTron in the transaction. |
| Greenberg Traurig, LLP | Legal Advisor | Company | Providing legal advisory services to SigmaTron for the transaction. |