AGC Partners Advises EpiWorks on its Sale to II-VI
Transaction Details
AGC Partners is pleased to announce that its client, EpiWorks, Inc., a leading provider of epitaxial wafers for electronic and photonic device applications, has been acquired by II-VI Incorporated. EpiWorks' 25,000-square foot, Class 1000 cleanroom epi foundry will provide a significant expansion of II-VI's product portfolio while EpiWorks' industry expertise dovetails nicely with II-VI's core competencies as an engineered materials company. The acquisition is valued at $43 million in cash paid at closing with a $6 million earn out payable over three years if various performance targets are achieved. With a team led by Rob Buxton, AGC Partners acted as sole financial advisor to EpiWorks.
Testimonial
AGC began working with EpiWorks several years ago, becoming familiar with our business and Company as we serve a highly specialized market. Together, we built a process to rapidly evaluate opportunities and recognize potential strategic partnerships. As the opportunity to partner with II-VI grew, Rob was able to rapidly drive a successful transaction through an intense process and achieve an outcome that the founders and management are very proud of. I would recommend AGC as a financial advisor.
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© In the U.S., America’s Growth Capital, LLC dba AGC Partners, member FINRA/SIPC. In Europe, America’s Growth Capital Europe, LLP (Appointed Representative Alternatives St. James, LLP which is authorized and regulated by the Financial Conduct Authority). America’s Growth Capital Europe, LLP is a Limited Liability Partnership incorporated in England and Wales (OC368580). Its registered address is 6th Floor, 9 Appold Street, London EC2A 2AP. The testimonials contained herein may not be representative of the experience of other customers or clients. Testimonials are no guarantee of future performance or success. Deals marked with an “*” are non-AGC deals.
