Latest news with #TransomCapital
Yahoo
29-07-2025
- Business
- Yahoo
Transom Capital completes acquisition of Sigmatron International
Transom Capital and SigmaTron International (SGMA) announced the completion of Transom's previously announced acquisition of SigmaTron. With the closing of the transaction, SigmaTron's common stock has ceased trading and will no longer be publicly listed. Transom's tender offer to acquire all issued and outstanding shares of SigmaTron's common stock, at a purchase price of $3.02 per share in cash, expired as scheduled at one minute after 11:59 p.m., Eastern Time, on July 24, 2025, and was not extended. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on SGMA: Disclaimer & DisclosureReport an Issue SigmaTron International Delays Yearly Report Filing Sigmatron International, Transom announce expiration of tender offer Transom Capital commences tender offer for shares of SigmaTron SigmaTron Extends Tender Offer Deadline to June 26 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
26-06-2025
- Business
- Globe and Mail
Transom Capital Commences Friendly Tender Offer for All Outstanding Common Shares of SigmaTron International at $3.02 Per Share
LOS ANGELES, June 26, 2025 (GLOBE NEWSWIRE) -- Transom Capital Group, LLC ('Transom'), an operationally focused middle-market private equity firm, today announced that it has commenced a cash tender offer to acquire all outstanding shares of common stock of SigmaTron International, Inc. (NASDAQ: SGMA) (the 'Company' or 'SigmaTron'), an electronic manufacturing services company, at a price of $3.02 per share in cash. The tender offer is being made in connection with the previously announced Agreement and Plan of Merger, dated May 20, 2025 (as amended or supplemented from time to time, the 'Merger Agreement'). 'We are excited to launch our tender offer today and deeply value the unanimous support of SigmaTron's Board of Directors, which reflects their confidence in this transaction,' said Russ Roenick, Co-Founder and Managing Partner of Transom. 'This offer provides certainty of value and immediate significant liquidity to SigmaTron stockholders, while underscoring our commitment to the Company's long-term success. Upon successful completion of the tender offer, we look forward to partnering with SigmaTron to build on its legacy and drive its next chapter of growth.' Transom Offer Unanimously Recommended by SigmaTron Board of Directors The SigmaTron Board of Directors (the 'SigmaTron Board') unanimously determined that the offer and the merger are advisable and in the best interest of SigmaTron and its stockholders and recommends the stockholders tender their shares to Transom. The SigmaTron Board, with the assistance of its management team and advisors, engaged in a comprehensive review of a range of financial and strategic alternatives and engaged with over thirty parties to determine interest in a transaction. The SigmaTron Board also reviewed a proposal submitted by a third party following the announcement of the Merger Agreement. The third party subsequently communicated to the Company that it was no longer pursuing a transaction and withdrew its proposal. Cash Consideration Provides Immediate Liquidity and Certainty of Value The SigmaTron Board took into account various factors, including, among other things, the potential risks related to SigmaTron's significant level of indebtedness and the terms of such indebtedness, in its determination, as described further in SigmaTron's Schedule 14D-9 (as defined below). The SigmaTron Board believed the certainty of value provided by the $3.02 cash offer and the timing in which the transaction could be consummated, among other things, was in the best interests of SigmaTron's stockholders. Tender Offer Details On June 26, 2025, Transom filed with the U.S. Securities and Exchange Commission ('SEC') a tender offer statement on Schedule TO, including an offer to purchase and letter of transmittal (the 'Schedule TO'), which sets forth the terms of the tender offer. Additionally, SigmaTron filed with the SEC a solicitation/recommendation statement on Schedule 14D-9 (the 'Schedule 14D-9') that includes the recommendation of the SigmaTron Board that SigmaTron stockholders accept the tender offer and tender their shares. The tender offer is scheduled to expire at one minute after 11:59 p.m., Eastern Time, on July 24, 2025, unless extended in accordance with the terms of the tender offer and Merger Agreement. Consummation of the tender offer is subject to customary terms and conditions, including the tender of a number of shares of common stock of SigmaTron which represents at least a majority of the voting power of SigmaTron and the satisfaction of other customary closing conditions. Following the successful closing of the tender offer, Transom will acquire any shares of SigmaTron that are not tendered in the tender offer through a second-step merger for the same consideration as paid in the tender offer. The complete terms and conditions of the tender offer are set forth in the Schedule TO, including the offer to purchase and a letter of transmittal, which have been filed with the SEC and are being mailed to SigmaTron's stockholders together with the Schedule 14D-9. A copy of these documents may be obtained at the website maintained by the SEC at D.F. King & Co., Inc. is acting as information agent for Transom in the offer. Equiniti Trust Company, LLC is acting as the depositary and paying agent in the offer. Requests for documents and questions by stockholders relating to the offer may be directed to D.F. King & Co., Inc. by telephone at (877) 732-3613 (toll-free). Additional Information and Where to Find It This communication is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell shares of the Company. It is also not a substitute for the tender offer materials that Transom Axis AcquireCo, LLC ('Parent') and Transom Axis MergerSub, Inc., an affiliate of Transom ('Merger Sub') have filed and may in the future file with the SEC. Parent and Merger Sub have filed tender offer materials on Schedule TO with the SEC, and the Company has filed a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC with respect to the tender offer. THE TENDER OFFER MATERIALS (INCLUDING AN OFFER TO PURCHASE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER TENDER OFFER DOCUMENTS), THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9, AND ANY OTHER RELEVANT DOCUMENTS FILED BY THE COMPANY, PARENT OR MERGER SUB CONTAIN IMPORTANT INFORMATION THAT SHOULD BE READ CAREFULLY AND CONSIDERED BY THE COMPANY'S STOCKHOLDERS BEFORE ANY DECISION IS MADE WITH RESPECT TO THE TENDER OFFER. Free copies of these materials are available to the Company's stockholders by visiting the Company's website ( In addition, these materials (and all other documents filed by the Company, Parent and Merger Sub with the SEC) are available at no charge on the SEC's website ( The information contained in, or that can be accessed through, the Company's or Transom's respective websites is not a part of this communication or incorporated by reference herein. About Transom Capital Group Transom is a leading operationally-focused private equity firm that thrives in complexity, specializing in identifying and unlocking value in the middle market. Founded in 2008 and headquartered in Los Angeles, Transom has established a strong track record across various economic cycles by employing a time-tested, operationally intensive strategy to drive transformative outcomes. Transom's expertise spans corporate carve-outs, lender-owned businesses, undervalued public companies, and other complex situations requiring speed, flexibility, and precision. Supported by a large in-house operations team, Transom delivers tailored solutions backed with functional expertise to help companies unlock their full potential. Transom's sector-flexible approach is grounded in pattern recognition, value creation, and disciplined execution. The firm provides not only capital, but also the tools, insights, and operational capabilities necessary to accelerate performance and create long-term value. For more information, visit Media Contacts
Globe and Mail
21-05-2025
- Business
- Globe and Mail
This Tech Stock Ripped Following Merger Announcement
An Illinois-based tech firm found a tremendous amount of success on Wednesday after the company announced that they have entered into a merger agreement with Transom Capital group, LLC, an operationally focused middle-market private equity firm, pursuant to which an affiliate of Transom will acquire the company, according to a press release. Following a trading halt pending this news, traders rushed to snatch up shares of SigmaTron International Inc. (Nasdaq:SGMA), pushing the micro cap to close the day up at $2.97/share (+130.23%). Sigmatron International Inc is an independent provider of electronic manufacturing services (EMS). It provides printed circuit board assemblies and completely assembled electronic products. In addition, it also provides automatic and manual assembly and testing of products; material sourcing and procurement; manufacturing and test engineering support; warehousing and distribution services. The company primarily serves the industrial electronics, consumer electronics, and medical sciences industries. Geographically, it derives a majority of revenue from Mexico and also has a presence in China and Vietnam. Copyright © 2025 All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
