Transom Capital Group has acquired SigmaTron International, ceasing its public trading status to enhance growth potential.
Quiver AI Summary
Transom Capital Group, a middle-market private equity firm, has successfully completed its acquisition of SigmaTron International, a global electronic manufacturing services provider. With this transaction, SigmaTron's common stock has been delisted from public trading. Both companies expressed enthusiasm about the partnership, with SigmaTron's CEO highlighting the potential to enhance long-term strategic objectives and customer relationships, while Transom's Managing Director noted opportunities for growth through operational improvements and strategic acquisitions. The acquisition involved a tender offer for SigmaTron’s shares at $3.02 each, with 71.9% of shares validly tendered. This transaction underscores Transom's commitment to supporting manufacturing businesses and improving operational excellence within SigmaTron’s extensive global operations.
Potential Positives
- The successful acquisition by Transom Capital positions SigmaTron for enhanced growth and operational excellence through dedicated support and strategic operational expertise.
- The transaction allows SigmaTron to focus on long-term strategic objectives and customer partnerships, potentially strengthening its market presence.
- With the backing of Transom, SigmaTron can explore significant opportunities for enhancing sales and profitability, along with potential strategic mergers and acquisitions.
- The acquisition reflects confidence in SigmaTron's capabilities, especially given its presence across multiple global manufacturing facilities, which positions it well to navigate macroeconomic challenges.
Potential Negatives
- The acquisition takes SigmaTron private, resulting in the cessation of its common stock trading, which may limit access to capital and reduce visibility for potential investors.
- The purchase price of $3.02 per share could indicate that shareholders were not receiving significant returns, which may impact their perception of the company’s value and growth prospects.
- The fact that only 71.9% of shares were validly tendered may raise concerns about shareholder confidence in the deal or the valuation offered.
FAQ
What is the significance of Transom’s acquisition of SigmaTron?
Transom's acquisition positions SigmaTron to accelerate its strategic objectives and enhance customer partnerships through operational expertise.
When did Transom complete the acquisition of SigmaTron?
The acquisition was completed on July 28, 2025, marking SigmaTron’s transition to a private company.
What will happen to SigmaTron's common stock after the acquisition?
SigmaTron's common stock has ceased trading and is no longer publicly listed following the acquisition.
How many shares were validly tendered in the acquisition?
A total of 4,401,189 shares, representing 71.9% of the outstanding shares, were validly tendered and accepted for payment.
What are Transom's plans for SigmaTron post-acquisition?
Transom aims to enhance SigmaTron’s sales, operations, and profitability, while exploring further growth through strategic mergers and acquisitions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SGMA Hedge Fund Activity
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- TCW GROUP INC added 475,350 shares (+548.6%) to their portfolio in Q1 2025, for an estimated $594,187
- GC WEALTH MANAGEMENT RIA, LLC removed 97,111 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $288,905
- SEASCAPE CAPITAL MANAGEMENT added 43,438 shares (+inf%) to their portfolio in Q2 2025, for an estimated $129,228
- ARCATAUR CAPITAL MANAGEMENT LLC removed 29,490 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $87,732
- VIRTU FINANCIAL LLC removed 20,325 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $25,406
- DIMENSIONAL FUND ADVISORS LP removed 18,211 shares (-29.7%) from their portfolio in Q1 2025, for an estimated $22,763
- HRT FINANCIAL LP added 13,568 shares (+inf%) to their portfolio in Q1 2025, for an estimated $16,960
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Full Release
LOS ANGELES and ELK GROVE VILLAGE, Ill., July 28, 2025 (GLOBE NEWSWIRE) -- Transom Capital Group (“Transom”), an operationally focused middle-market private equity firm, and SigmaTron International, Inc. (formerly NASDAQ: SGMA) (“SigmaTron” or the “Company”), a global electronic manufacturing services (EMS) provider, today announced the successful 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.
“We are excited to embark on this next chapter in partnership with Transom,” said Gary Fairhead, Chairman and CEO of SigmaTron. “With Transom’s support and operational expertise, we are well positioned to accelerate our long-term strategic objectives, strengthen our customer partnerships and continue delivering innovative solutions across our diverse end markets.”
“We are thrilled to welcome SigmaTron to the Transom portfolio and to partner with its leadership team in driving the Company’s next phase of growth,” said Conor Davenport, Managing Director at Transom. “Through this take-private, we see significant opportunities to enhance SigmaTron’s sales, operations, and profitability, and to drive further growth through strategic M&A. With seven global manufacturing facilities, including five in North America, SigmaTron is uniquely positioned to navigate today’s macroeconomic and tariff environment while continuing to deliver best-in-class solutions to its customers. This investment reflects Transom’s commitment to supporting manufacturing businesses, and we look forward to helping SigmaTron accelerate operational excellence and capture new industry opportunities.”
Transaction Details
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.
Equiniti Trust Company, LLC, the depositary and paying agent for the offer, confirmed that 4,401,189 shares (71.9% of the outstanding shares) were validly tendered and not withdrawn. Accordingly, all conditions to the offer were satisfied, and the shares have been accepted for payment.
Advisors
Kirkland & Ellis LLP is serving as legal advisor to Transom. Lincoln International is serving as exclusive financial advisor to SigmaTron; Greenberg Traurig, LLP and Howard & Howard Attorneys PLLC are serving as legal advisors to SigmaTron.
About SigmaTron
Headquartered in Elk Grove Village, Illinois, SigmaTron operates in one reportable segment as an independent provider of electronic manufacturing services (EMS), which includes printed circuit board assemblies, electro-mechanical subassemblies and completely assembled (box-build) electronic products. SigmaTron and its wholly-owned subsidiaries operate manufacturing facilities in Elk Grove Village, Illinois; Acuna, Chihuahua, and Tijuana, Mexico; Union City, California; Suzhou, China; and Biên Hòa City, Vietnam. In addition, SigmaTron maintains an International Procurement Office and Compliance and Sustainability Center in Taipei, Taiwan.
About Transom Capital
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, 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 www.transomcap.com .
Media Contacts
FGS Global for Transom Capital
[email protected]
