ESCO completes $550 million cash acquisition of Ultra Maritime's SM&P business
ESCO Technologies closed its acquisition of the Signature Management & Power (SM&P) business from Ultra Electronics Holdings on April 25, 2025, for an approximate $550 million cash price subject to customary adjustments. The company funded the deal with cash on hand and proceeds from previously completed debt financings, and said its FY 2025 guidance does not yet include SM&P and will be updated on May 7, 2025.
Key points
- Closed April 25, 2025; purchase price approximately $550 million in cash, subject to customary adjustments for cash, debt, working capital and transaction expenses
- Acquired Ultra PMES Limited, Measurement Systems, Inc., EMS Development Corporation and DNE Technologies, Inc.
- SM&P will become part of the Aerospace & Defense segment; FY 2025 guidance excludes its impact until the Q2 2025 earnings announcement on May 7, 2025
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.