M&A
confidence high
sentiment positive
materiality 0.65
Aviat Networks acquires 4RF, expects accretion to gross margin and adjusted EBITDA in first year
AVIAT NETWORKS, INC.
- Acquisition of 4RF, provider of narrowband radios and LTE/5G routers for critical infrastructure markets like utilities and mining.
- Opens new $200M narrowband segment and $1.4B Cellular Router market forecast to grow to $2.5B by 2027.
- 4RF has over 300 critical infrastructure customers in 160 countries; ~90% of utility customers are distinct from Aviat's.
- All-cash transaction for all shares; financial terms not disclosed.