secwatch.observer — SEC 8-K summary
======================================

Issuer:     TTM TECHNOLOGIES INC (TTMI)
CIK:        0001116942
Form:       8-K
Filed at:   2026-08-17T10:04:26+00:00
Accession:  0001193125-26-353148
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TTM Technologies to acquire Epiq Solutions for $1.1B cash, accretive to 2028 EPS
--------------------------------------------------------------------------------

- $1.1B all-cash purchase of Epiq Solutions, AI-enabled SDR/RF provider for defense; board unanimously approved.
- Financing: $300M Term A + $800M Term B facilities from JPMorgan, Barclays, Bank of America.
- Expected close by Nov 15, 2026 (extendable to May 15, 2027); HSR waiting period condition.
- Synergy-adjusted multiple 17.4x expected 2027 Adjusted EBITDA; $9M run-rate synergies assumed.
- Immediately accretive to Adjusted EBITDA margin; accretive to Non-GAAP diluted EPS in 2028; net leverage 2.3x at close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116942/000119312526353148/0001193125-26-353148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116942/000119312526353148/d375900d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-353148

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer