TMD Holdings Limited has been acquired by Communications & Power Industries

The shareholders of TMD Holdings Limited (TMD) have sold the company to Communications & Power Industries (CPI).

TMD is a world-leading designer and manufacturer of technologically advanced microwave, radio frequency and high voltage equipment for radar, electronic warfare, communications, medical, EMC testing and scientific applications.

CPI is a global developer and manufacturer of electronic components and subsystems used in the generation, amplification, transmission and reception of microwave signals for commercial and military applications.

Oaklins Evelyn Partners based in the UK, with further support from Oaklins’ aerospace and defense specialist in Irvine, California, worked with the shareholders of TMD to deliver a successful sale to Communications & Power Industries.

Service

M&A sell-side

Parties

“Appointing the Oaklins team was crucial in running an international process. The hands-on approach and deal experience was key to overcoming challenges during the process and the team always went the extra mile to help us achieve our objectives. The shareholders are very pleased with the outcome and wish the parties well for the future.”

Peter Butcher and Howard Smith

Joint shareholders, TMD Holdings Limited

Talk to the deal team

Brian Livingston

Managing Director

London, United Kingdom
Oaklins Evelyn Partners

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Stephen Perry

Managing Director

Irvine, United States
Oaklins Janes Capital

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