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TTM to acquire Ophir Optics for $650M

PUBLIC · TTMIOct 21, 2026

Acquiring Company

TTM Technologies

Acquired Company

Ophir® Optics

Santa AnaPiedmontManufacturingAerospaceManufacturingElectronics

Description

TTM has announced a $650 million acquisition of Ophir Optics, a provider of advanced optics for defence, security and industrial customers. The purchase price is about 10.3 times Ophir Optics' expected 2027 adjusted EBITDA, excluding synergies. TTM will fund the deal with cash on hand, future cash flow and revolving credit facility borrowings, and closing is expected in the second quarter of 2027.

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Company Information

Company

TTM Technologies

Location

Santa Ana, California, United States

About

TTM Technologies is a provider of printed circuit boards and related systems solutions. The company has been pursuing an acquisition streak in 2026, including Swiss Technology Group, ILFA and Epiq Solutions. It serves defence, aerospace and industrial customers.

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Frequently asked

Who acquired Ophir® Optics?

Ophir® Optics was acquired by TTM Technologies, based in Santa Ana. The deal was reported on October 21, 2026. TTM Technologies is a provider of printed circuit boards and related systems solutions. The company has been pursuing an acquisition streak in 2026, including Swiss Technology Group, ILFA and Epiq Solutions. TTM Technologies is publicly traded (TTMI) and operates in Manufacturing.

When did TTM Technologies acquire Ophir® Optics?

TTM Technologies's acquisition of Ophir® Optics was reported on October 21, 2026. TTM has announced a $650 million acquisition of Ophir Optics, a provider of advanced optics for defence, security and industrial customers. The purchase price is about 10.3 times Ophir Optics' expected 2027 adjusted EBITDA, excluding synergies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ophir® Optics do?

Ophir® Optics is a leading supplier of high-performance optics for a variety of applications including laser systems and imaging. The company is known for its precision-engineered optical products and solutions that meet stringent performance requirements. It is privately held, operating in Manufacturing, and is based in Piedmont.

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