M&A Deal Summary

TTS Acquires Steward

On December 6, 2006, TTS acquired electronics company Steward

Acquisition Highlights
  • This is TTS’s 1st transaction in the Electronics sector.
  • This is TTS’s 1st transaction in the United States.
  • This is TTS’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2006-12-06
Target Steward
Sector Electronics
Buyer(s) TTS
Deal Type Add-on Acquisition

Target

Steward

Chattanooga, Tennessee, United States
Steward, Inc. is a provider of ferrite-based products hat are used to remove unwanted EMI "noise" and other signals at unwanted frequencies from conductors.

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Buyer(S) 1

Buyer

TTS

Rosenheim, Germany

Category Company
Sector Manufacturing
Revenue 630M GBP (2015)
DESCRIPTION

TTS designs and manufactures high-performance, mission-critical active thermal management solutions, primarily for medical and life sciences end markets. TTS is based in Rosenheim, Germany.


DEAL STATS #
Overall 1 of 10
Sector: Electronics M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 9
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-24 AeroComm

Lenexa, Kansas, United States

AeroComm, Inc. is a supplier of turnkey wireless communications solutions for its customers' products, through the design and manufacture of complete systems utilising RF modules which provide the functions of signal reception and manipulation, assurance of signal integrity, and signal processing and retransmission. These RF modules provide wireless communication in applications that previously communicated by cables. AeroComm's products are custom designed from a facility in Lenexa, Kansas, United States.

Buy $38M