M&A
confidence high
sentiment positive
materiality 0.65
Mercury Systems acquires Atlanta Micro for $90M all-cash; expected to be immediately accretive
MERCURY SYSTEMS INC
- Acquired Atlanta Micro for $90M all-cash, funded via existing revolving credit facility.
- Atlanta Micro expected to contribute ~$16M revenue in 2022 with >30% adjusted EBITDA margins.
- Acquisition immediately accretive to adjusted EPS; non-material impact in FY Q2 ending Dec 31, 2021.
- Fourth acquisition in 12 months; expands RF/MMIC portfolio for EW, radar, weapons.