Flex completes EPC Power acquisition and secures $4.4 bn financing
Flex announced that it finished buying EPC Power on 14 Oct 2026, adding the maker’s grid‑forming and power‑conversion technology to its Cloud and Power Infrastructure business. The company arranged $4.4 bn of funding, consisting of a $1.1 bn bridge loan and a $3.3 bn term loan that will be repaid when the segment is spun off. Flex intends to separate that segment into a new public company called Axiom Solutions International in the first calendar quarter of 2027.
Why it matters
The acquisition expands Flex’s capabilities for AI data‑center and grid power, which could boost margins and growth, as noted in the transaction description. The financing structure and upcoming spin‑off will reshape Flex’s balance sheet and may create a distinct investment vehicle for shareholders.
Key facts
- 1Flex completed the purchase of EPC Power on 14 Oct 2026. stocktitan.net
- 2EPC Power will operate within Flex’s Cloud and Power Infrastructure segment. stocktitan.net
- 3Flex plans to separate that segment into an independent publicly traded company named Axiom Solutions International in the first calendar quarter of 2027. stocktitan.net
- 4The deal is financed with $4.4 bn of debt, including a $1.1 bn bridge loan and a $3.3 bn term loan. tradingview.com
- 5The bridge loan matures on 13 Oct 2027, 364 days after funding. marketscreener.com
- 6EPC Power has deployed more than 15 GW of power‑conversion capacity. prnewswire.com
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.