Acquisition: TT Electronics IoT Solutions Ltd
TT are an electronics manufacturing services business operating in various markets including aerospace, defence and healthcare, with three production sites in the UK and China.
Cicor is globally active provider of full-cycle electronic solutions and a manufacturer of high-reliability electronics. Following several recent acquisitions, the acquisition of TT will strengthen Cicor in becoming a leader in the European electronics manufacturing services for medical, industrial and aerospace & defence applications.
Crowe's role and team
Crowe provided specialist financial and tax due diligence, alongside buy-side support. Dan Nixon led the corporate finance team with support from Sacha Alam and Jon Pena. Trevor Ling led the tax team, supported by Antony Lam in China, and Chris Ho, Jamie Mcleod, Ajay Raval and Seb Harding in the UK.
Client quote
“The Crowe corporate finance team is a valuable and trusted advisor for us. They addressed key risks areas within a succinct due diligence report, and their commitment to delivering high-quality services was crucial in closing the deal successfully."
Peter Neumann, Group Chief Financial Officer, Cicor
