Defense technology business soars to new heights

Deal Flash

The shareholders of TMD Holdings Limited (TMD) have sold the company to Odyssey-backed 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.

Appointing the Oaklins team was crucial in running an international process. Their 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, UK

Oaklins played a major role facilitating this deal

Oaklins Smith & Williamson, based in the UK, with further support from Oaklins’ aerospace & defense (A&D) specialist in California, worked with the shareholders of TMD to deliver a successful sale to CPI.

Talk to our advisors

Blank avatar
Amanda Phillips London, United Kingdom
Director
View profile
Stephen perry
Stephen Perry Irvine, United States
Managing Director
View profile

Read more about the transaction, market trends, deal drivers and M&A valuation aspects

Gå aldri glipp
av oppdateringer

Få med deg våre M&A oppdateringer

Registrer deg

Relatert Luftfart, forsvar & sikkerhet nyhet