Mergers & Acquisitions ·
Arxis, Inc. completed the acquisition of Omnetics Connector Corporation on August 17, 2026, based on an agreed…
ARXSArxis, Inc.
Arxis, Inc. completed the acquisition of Omnetics Connector Corporation on August 17, 2026, based on an agreed enterprise value of $770 million subject to customary closing adjustments. To fund the transaction, Arxis issued 13,351,964 shares of Class A common stock to former Omnetics shareholders and funded $8.0 million in cash escrow accounts. Omnetics is a designer and manufacturer of high-reliability Micro-D-Sub and Nano-D-Sub connectors for defense, space, aerospace, and medical applications, and will operate within Arxis' Electronic Components segment. This acquisition brings the combined purchase price multiple with the MagCanica acquisition to approximately 12x FY27 estimated adjusted EBITDA. Arxis is a leading designer and manufacturer of proprietary electronic and mechanical components for aerospace, defense, and specialized industrial markets.