Simpson Thacher represented the lead arrangers in connection with the financing of TTM Technologies, Inc.'s (“TTM”) acquisition of Epiq Design Solutions LLC ("EPIQ"), which financing included a $300 million Term Loan A facility and an $800 million Term Loan B facility.
TTM used the net proceeds from the term loans primarily to finance a portion of the acquisition of EPIQ. TTM is a leading global manufacturer of technology products, including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies and technologically advanced interconnect products, including printed circuit boards and substrates. EPIQ is a premier provider of open-architecture, ITAR-free, commercial SDRs, turnkey radio frequency and embedded computing solutions for governments and enterprises.
The Simpson Thacher team included Jessica Tuchinsky, Christine Marshall, Mark Marzziotti and Alden Tabac (Banking & Credit — New York); Makiko Harunari, Daniel Margulies and Dirk Behnsen (Banking & Credit — Hong Kong); Courtney Welshimer (IP); and Timothy Gallagher (Real Estate).