Arxis Completes the Acquisition of Omnetics Connector Corporation

Rhea-AI Summary

Arxis (NASDAQ: ARXS) has completed its previously announced acquisition of Omnetics Connector Corporation, a designer and manufacturer of high‑reliability Micro‑D‑Sub and Nano‑D‑Sub connectors and interconnect assemblies. The deal was based on an agreed enterprise value of approximately $770 million, subject to customary closing adjustments.

At closing, Arxis issued 13,351,964 Class A common shares to former Omnetics shareholders, representing about 3.1% of total common stock as of the closing date, with these shares subject to lockup provisions. Arxis reiterated that the combined purchase price multiple for Omnetics and the earlier MagCanica acquisition is approximately 12x FY27 estimated adjusted EBITDA. Omnetics, headquartered in Minneapolis, Minnesota, will operate within Arxis’ Electronic Components Segment. Arxis highlighted the role of its partnership with Arcline Investment Management, citing Arcline’s research-driven market mapping, proprietary sourcing access, disciplined underwriting, and capital allocation expertise as enhancing Arxis’ acquisition capabilities.

Positive

• $770 million agreed enterprise value for Omnetics acquisition
• Equity consideration of 13,351,964 shares equals about 3.1% of stock
• Combined Omnetics and MagCanica price at ~12x FY27 adj. EBITDA
• Omnetics added to Arxis Electronic Components Segment in defense, space, medical end markets

Negative

• Share issuance of 13,351,964 new shares implies about 3.1% dilution

Market Context

The platform record contains one acquisition event with a -0.6% 24-hour reaction, so this completion...

Analysis

The platform record contains one acquisition event with a -0.6% 24-hour reaction, so this completion can be assessed against transaction execution and equity consideration. Integration disclosures remain relevant, while the share issuance is the principal sourced dilution risk.

Key Figures

Enterprise Value: $770 million Class A Shares Issued: 13,351,964 shares Common Stock Proportion: 3.1% +1 more

4 metrics

Enterprise Value $770 million Omnetics transaction, subject to customary closing adjustments

Class A Shares Issued 13,351,964 shares Issued to former Omnetics shareholders at closing

Common Stock Proportion 3.1% Of total common stock as of the closing date

Purchase Price Multiple 12x FY27 estimated adjusted EBITDA Combined purchase price multiple with the MagCanica acquisition

Previous Acquisition Reports

1 past event · Latest: Jun 02 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 02	Acquisition announcement	Positive	-0.6%	Announced Omnetics and MagCanica acquisitions at approximately 12x FY27 estimated adjusted EBITDA

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The tag-specific acquisition record showed a -0.6% 24-hour reaction in its only event; no broader acquisition pattern was available.

Key Terms

enterprise value, adjusted EBITDA, lockup provisions, nano-d-sub, +1 more

5 terms

enterprise value financial

"The transaction was based on an agreed enterprise value of approximately $770 million"

Enterprise value is the total worth of a company, reflecting what it would cost to buy the entire business. It includes the company's market value plus any debts, minus its cash holdings, offering a comprehensive picture of its true value. Investors use it to compare companies regardless of their capital structures, helping them assess how much they would need to pay to acquire the business.

View in glossary

adjusted EBITDA financial

"approximately 12x FY27 estimated adjusted EBITDA"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

lockup provisions financial

"which are subject to lockup provisions"

Lockup provisions are contractual limits that prevent company insiders and early investors from selling their shares for a set period after a stock offering or major corporate event. They matter to investors because they temporarily restrict the number of shares that can enter the market—like a “do-not-sell” sticker—reducing immediate supply and helping stabilize the stock price until the restriction expires.

nano-d-sub technical

"proprietary high-reliability Micro-D-Sub and Nano-D-Sub connectors"

A nano D‑Sub is a very small version of the D‑subminiature electrical connector family used to join wires and circuit boards in compact electronic equipment. Think of it as a tiny multi‑pin plug that lets many signals pass through a small space, similar to how a compact power strip packs multiple outlets into a short bar. Investors care because use of miniaturized connectors can affect product size, manufacturing costs, supply chains, and compatibility in industries like telecom, medical devices, and aerospace.

interconnect assemblies technical

"Nano-D-Sub connectors and interconnect assemblies used in critical defense"

Interconnect assemblies are groups of cables, connectors, wiring harnesses, circuit-board linkages or other physical components assembled to create electrical or data connections between devices or parts inside electronic systems. They matter to investors because they influence product performance, reliability, manufacturing cost and supply-chain complexity—similar to the wiring or plumbing in a building, where quality and design affect how well the whole system works and how expensive it is to build and maintain.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BLOOMFIELD, Conn., Aug. 18, 2026 /PRNewswire/ -- Arxis, Inc. (NASDAQ: ARXS) (the "Company" or "Arxis"), a publicly traded industrial compounder formed in partnership with Arcline Investment Management ("Arcline"), today announced that it has completed its previously announced acquisition of Omnetics Connector Corporation ("Omnetics"). The transaction was based on an agreed enterprise value of approximately $770 million, subject to customary closing adjustments. At closing and considering the recent increase in the Company's share price, Arxis issued 13,351,964 shares of its Class A common stock to the former Omnetics shareholders (approximately 3.1% of total common stock as of the closing date), which are subject to lockup provisions. As previously announced, the combined purchase price multiple with the MagCanica acquisition is approximately 12x FY27 estimated adjusted EBITDA.

Omnetics, headquartered in Minneapolis, Minnesota, is a leading designer and manufacturer of proprietary high-reliability Micro-D-Sub and Nano-D-Sub connectors and interconnect assemblies used in critical defense and space, commercial aerospace, and medical applications where size, weight, and reliability are mission critical. Omnetics will operate within Arxis' Electronic Components Segment.

The Omnetics acquisition reflects the differentiated value of the Arxis–Arcline partnership. Arcline provides Arxis with institutional capabilities that complement Arxis' operating expertise, including research-driven market mapping, proprietary sourcing access, disciplined underwriting, and proven capital allocation expertise. These capabilities, which are difficult for a standalone strategic acquiror to replicate, expand Arxis' addressable acquisition universe and strengthen its ability to acquire and integrate high-quality businesses with leading positions on long-duration platforms.

William Blair & Company, L.L.C. served as financial advisor to Arxis and Vermillion Capital served as advisor to Omnetics.

About Arxis
Arxis is a leading designer and manufacturer of proprietary, mission-critical electronic and mechanical components for aerospace and defense, medical technology, and specialized industrial markets. Leveraging significant intellectual property and world-class engineering and operational capabilities, Arxis designs and delivers innovative solutions that address its customers' most complex performance needs. Arxis is a portfolio company of Arcline Investment Management. For more information, visit www.arxis.com.

About Arcline Investment Management
Arcline Investment Management is a private investment firm with over $30 billion in assets under management. Arcline seeks to build the next generation of Industrial Compounders – market-leading, non-disruptible industrial platforms designed to consistently grow earnings over decades. For more information visit www.arcline.com.

About Omnetics Connector Corporation
Founded in 1984, Omnetics designs and manufactures micro-miniature and nano-miniature high reliability connectors and interconnect systems for aerospace, defense, space, medical and industrial customers worldwide. Since its inception, Omnetics has been at the forefront of innovation and excellence in the world of connectors and interconnect solutions. For more information, visit www.omnetics.com.

Forward-looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements may contain words and terms such as: "anticipate," "could," "believe," "continue," "expect," "estimate," "forecast," "ongoing," "project," "seek," "predict," "target," "will," "intend," "plan," "look ahead," "optimistic," "potential," "guidance," "may," "should," or "would" and other words and terms of similar meaning. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about FY27 estimated adjusted EBITDA, the anticipated benefits of the acquisition, and other matters. These statements are only predictions, and such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could cause actual outcomes and results to differ materially from current expectations. No forward-looking statement can be guaranteed. Risks and uncertainties include, but are not limited to: (i) the risk that the expected benefits of the acquisition may not be realized or may take longer to realize than expected and (ii) unanticipated difficulties or expenditures relating to the integration of the acquisition. The actual financial impact of the acquisition may differ from the expected financial impact described in this press release. The foregoing list of risk factors is not exhaustive. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Arxis' business, particularly those identified in the risk factor discussion in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Arxis undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. The forward-looking statements made in this communication relate only to events as of the date on which the statements are made.

Contacts

Investor Relations 
ir@arxis.com
+1 860-243-7100 (Select 1 for Arxis)

Media
Kate Thompson / Tim Ragones / Alexander Wolfsohn
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

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SOURCE Arcline Investment Management

FAQ

What did Arxis (NASDAQ: ARXS) announce about the Omnetics acquisition on August 18, 2026?

Arxis announced it has completed its previously disclosed acquisition of Omnetics Connector Corporation. According to Arxis, the deal is based on an agreed enterprise value of about $770 million and adds Omnetics to its Electronic Components Segment serving defense, aerospace, and medical applications.

What is the purchase price and valuation multiple for Arxis’ acquisition of Omnetics (ARXS)?

Arxis agreed an enterprise value of approximately $770 million for Omnetics. According to Arxis, the combined purchase price multiple for Omnetics and the MagCanica acquisition is around 12x FY27 estimated adjusted EBITDA, reflecting how the company values these assets on a forward earnings basis.

How many Arxis shares were issued to Omnetics shareholders and what dilution does ARXS face?

Arxis issued 13,351,964 Class A common shares to former Omnetics shareholders at closing. According to Arxis, this represents approximately 3.1% of total common stock as of the closing date, indicating a modest equity dilution for existing shareholders.

How will Omnetics Connector Corporation operate within Arxis (ARXS) after the acquisition?

Omnetics will operate within Arxis’ Electronic Components Segment. According to Arxis, Omnetics designs and manufactures proprietary high-reliability Micro‑D‑Sub and Nano‑D‑Sub connectors and interconnect assemblies used in critical defense, space, commercial aerospace, and medical applications where size, weight, and reliability are mission critical.

What role does Arcline Investment Management play in Arxis’ Omnetics acquisition strategy?

Arcline supports Arxis with institutional capabilities that complement its operating expertise. According to Arxis, Arcline contributes research-driven market mapping, proprietary sourcing access, disciplined underwriting, and capital allocation expertise, which expand Arxis’ acquisition universe and help it integrate high-quality businesses like Omnetics.

Are the new Arxis (ARXS) shares issued in the Omnetics deal subject to lockup provisions?

Yes, the shares issued are subject to lockup provisions. According to Arxis, the 13,351,964 Class A common shares granted to former Omnetics shareholders at closing cannot be freely sold immediately, which may help manage potential selling pressure after the transaction.