Mergers & Acquisitions ·
Flex completes $4.4B acquisition of EPC Power, borrowing $4.4B in credit facilities
FLEXFlex Ltd.
Flex Ltd. completed its acquisition of EPC Power Corp. for $4.4 billion in cash on October 14, 2026. The company funded the transaction by drawing down a $3.3 billion senior term loan and a $1.1 billion bridge credit facility, both maturing in October 2027. EPC Power is now part of Flex’s Cloud and Power Infrastructure segment, which plans to spin off into an independent public company named Axiom Solutions International, Inc., in the first quarter of 2027. The acquisition expands Flex's capabilities in power conversion technology for AI data centers and grid applications. Flex Ltd. provides advanced manufacturing and supply chain solutions globally.