TMD Holdings Limited has been acquired by Communications & Power Industries
July 2021 — 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.
Our role in the transaction
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.
Peter Butcher and Howard Smith
Joint shareholders, TMD Holdings Limited
Talk to the deal team
Stephen Perry
Oaklins Janes Capital
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreKarob Instrument has been acquired by the stakeholders of EMT Metals
Karob Instrument, Inc. has been acquired by an investment group led by Mark Izzo, CEO of EMT Metals, bringing Karob and EMT under common ownership. This partnership advances EMT’s strategy to expand its integrated manufacturing platform to support leading aerospace and defense (A&D) and technology original equipment manufacturers (OEMs) at the scale and pace they demand
Learn more