secwatch.observer — SEC 8-K summary
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Issuer:     ICHOR HOLDINGS, LTD. (ICHR)
CIK:        0001652535
Form:       8-K
Filed at:   2021-11-16T23:59:59+00:00
Accession:  0001564590-21-057280
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ichor acquires IMG for $270M; expects accretion to margins and EPS in 2022
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- Total purchase price $270M, financed with ~$140M cash/marketable securities and $130M incremental borrowings.
- IMG provides precision machining, welding, brazing, surface treatment for semiconductor, medical, defense/aerospace.
- Expected to add $70-80M revenue, $0.32-0.38 non-GAAP EPS, and $20-22M adjusted EBITDA annually.
- Acquisition projected to add at least 100 bps to gross margin and 40 bps to operating margin (non-GAAP) for FY2022.
- Expected to close in Q4 2021, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1652535/000156459021057280/0001564590-21-057280-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1652535/000156459021057280/ichr-8k_20211111.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-057280

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